Restaurant

Hardee's

2686 Hamilton Mill Rd, Buford, GA 30519

Listing Price: $2,430,000

Cap Rate
6.50%
Tenant Name
Hardee's
Years Remaining On Lease
7.7
Gross SF
2,984
Guarantor
Franchisee Guarantee
Rentable SF
2,984
Price/Gross SF
$814.34
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$52.97

Investment Overview

This Absolute NNN Leased Hardee's has approximately eight years remaining on the lease. The lease calls for 10-percent rent increases every five years, including the option periods. The property is located in a high traffic retail corridor surrounded by nationally recognized tenants such as Walmart, CVS Pharmacy, Chic-Fil-A, Verizon, T-Mobile, Chili's, Dollar Tree and many more. There are more than 113,000 residents living in a five-mile radius, with an average household income exceeding $110,000 annually. The franchisee operates 31 Hardee's locations in the Georgia market.

Investment Highlights

  • Absolute NNN Lease - No Landlord Responsibilities
  • Out-Parcel to Walmart Supercenter
  • Hamilton Mill Road - 22,800+ VPD
  • 10-Percent Rent Increases Every Five Years
  • Five-Mile Population Exceeds 113,000 Individuals
  • Located in a High Traffic Retail Corridor

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    License(s): GA: 252904

    Georgia

Listing Price: $2,430,000

Cap Rate
6.50%
Tenant Name
Hardee's
Years Remaining On Lease
7.7
Gross SF
2,984
Guarantor
Franchisee Guarantee
Rentable SF
2,984
Price/Gross SF
$814.34
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$52.97

Investment Highlights

  • Absolute NNN Lease - No Landlord Responsibilities
  • Out-Parcel to Walmart Supercenter
  • Hamilton Mill Road - 22,800+ VPD
  • 10-Percent Rent Increases Every Five Years
  • Five-Mile Population Exceeds 113,000 Individuals
  • Located in a High Traffic Retail Corridor

Investment Overview

This Absolute NNN Leased Hardee's has approximately eight years remaining on the lease. The lease calls for 10-percent rent increases every five years, including the option periods. The property is located in a high traffic retail corridor surrounded by nationally recognized tenants such as Walmart, CVS Pharmacy, Chic-Fil-A, Verizon, T-Mobile, Chili's, Dollar Tree and many more. There are more than 113,000 residents living in a five-mile radius, with an average household income exceeding $110,000 annually. The franchisee operates 31 Hardee's locations in the Georgia market.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    License(s): GA: 252904

    Georgia

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