Restaurant
Hardee's
147 US-212, Granite Falls, MN 56241
Listing Price: $1,767,000
Cap Rate
6.80%
Tenant Name
Hardee's
Years Remaining On Lease
12.8
Guarantor
Franchisee Guarantee
Rentable SF
3,391
Lease Type
Absolute Net
Rent Per Square Feet
$35.42
Investment Overview
This Hardee's was built-to-suit in 2000 and has an absolute net lease through August 2038 with five percent rent increases every five years.
Investment Highlights
- Absolute Net Lease Through August 2038 with Franchisee Guarantee (Over 150 Locations)
- Five Percent Rent Increases Every Five Years – Next One in August 2028
- #2 Hardee's in Minnesota, Per Placer.ai – See Page Nine of OM
- +/- 2 Acre Lot with Excellent Visibility
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $1,767,000
Cap Rate
6.80%
Tenant Name
Hardee's
Years Remaining On Lease
12.8
Guarantor
Franchisee Guarantee
Rentable SF
3,391
Lease Type
Absolute Net
Rent Per Square Feet
$35.42
Investment Highlights
- Absolute Net Lease Through August 2038 with Franchisee Guarantee (Over 150 Locations)
- Five Percent Rent Increases Every Five Years – Next One in August 2028
- #2 Hardee's in Minnesota, Per Placer.ai – See Page Nine of OM
- +/- 2 Acre Lot with Excellent Visibility
Investment Overview
This Hardee's was built-to-suit in 2000 and has an absolute net lease through August 2038 with five percent rent increases every five years.
Exclusively Listed By
Broker of Record
Financing By