Restaurant

Hardee's

6133 Augusta Rd, Greenville, SC 29605

Listing Price: $1,681,681

Cap Rate
5.25%
Tenant Name
Carl's Jr.
Gross SF
2,400
Guarantor
Limited Corporate Guarantee
Rentable SF
2,400
Price/Gross SF
$700.70
Lease Type
Absolute Net
Rent Per Square Feet
$36.79

Investment Overview

Marcus & Millichap is pleased to present the exclusive net lease offering for the Hardees located at 6133 Augusta Road in Greensville, South Carolina. The property consists of roughly 2,400 rentable square feet of building space and is located on an estimated 2.16-acre parcel of land.
The property is subject to a 20-year triple-net sale-leaseback that will commence upon the close of escrow. Base rent will be $88,288 with rental increases of 10% every five years throughout the base term and into each of the four, five-year tenant renewal option periods.

Investment Highlights

  • Long-Term, 20-Year Triple-Net Sale-Leaseback
  • Strong Guaranty from Hardees Restaurants, LLC
  • Attractive 10% Rental Increases Every Five Years

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Regional Manager

    License(s): SC: 86628

    South Carolina

Listing Price: $1,681,681

Cap Rate
5.25%
Tenant Name
Carl's Jr.
Gross SF
2,400
Guarantor
Limited Corporate Guarantee
Rentable SF
2,400
Price/Gross SF
$700.70
Lease Type
Absolute Net
Rent Per Square Feet
$36.79

Investment Highlights

  • Long-Term, 20-Year Triple-Net Sale-Leaseback
  • Strong Guaranty from Hardees Restaurants, LLC
  • Attractive 10% Rental Increases Every Five Years

Investment Overview

Marcus & Millichap is pleased to present the exclusive net lease offering for the Hardees located at 6133 Augusta Road in Greensville, South Carolina. The property consists of roughly 2,400 rentable square feet of building space and is located on an estimated 2.16-acre parcel of land.
The property is subject to a 20-year triple-net sale-leaseback that will commence upon the close of escrow. Base rent will be $88,288 with rental increases of 10% every five years throughout the base term and into each of the four, five-year tenant renewal option periods.

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Regional Manager

    License(s): SC: 86628

    South Carolina

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