Restaurant
Hardee's
1710 Westridge Rd, New Ulm, MN 56073
Listing Price: $1,448,000
Cap Rate
6.80%
Tenant Name
Hardee's
Years Remaining On Lease
12.8
Guarantor
Franchisee Guarantee
Rentable SF
4,024
Lease Type
Absolute Net
Rent Per Square Feet
$24.46
Investment Overview
This Hardee's was built-to-suit in 2015 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
Listing Price: $1,448,000
Cap Rate
6.80%
Tenant Name
Hardee's
Years Remaining On Lease
12.8
Guarantor
Franchisee Guarantee
Rentable SF
4,024
Lease Type
Absolute Net
Rent Per Square Feet
$24.46
Investment Highlights
- Absolute Net Lease Through August 2038 with Franchisee Guarantee (150+ Locations)
- Five Percent Rent Increases Every Five Years – Next One in August 2028
- Built-to-Suit in 2015
- Located Between a Walmart Supercenter and Dollar Tree Anchored Strip Center
Investment Overview
This Hardee's was built-to-suit in 2015 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
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