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Restaurant

Hardee's (Packaged w / ZAC0680101)

113 Bear Creek Pike, Columbia, TN 38401

Listing Price: $2,485,130

Cap Rate
4.60%
Tenant Name
Hardee's
Years Remaining On Lease
15.9
Gross SF
3,512
Guarantor
Corporate Guarantee
Rentable SF
3,512
Price/Gross SF
$707.61
Lease Type
Absolute Net
Rent Per Square Feet
$32.55

Investment Overview

Marcus & Millichap is pleased to present a 3512 square-foot Hardee's located in Columbia, Tennessee which is part of Nashville MSA. The property is on the corner of US Highway 43 (Bear Creek Pike) and US Highway 31 (Nashville Highway) with a combined total of 47,560 cars per day +/-. This Hardee's is at the crossroads of all things Tennessee, with roughly 209,152 people within a 20-mile radius. This property is part of a package deal with another Hardee's located at 106 Thoroughbred Run Road, Morristown, Tennessee.

Investment Highlights

  • 20-Year Triple-Net (NNN) Lease with a Corporate Guarantee
  • Three 5-Year Renewal Options and the Rent Increases 10% every 5 years
  • 1 of 2 of a Portfolio Deal with 106 Thoroughbred Run Road, Morristown, Tennessee

Exclusively Listed By

Broker of Record

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2860

    License(s) TN: 307629

    Tennessee

Restaurant

Hardee's (Packaged w / ZAC0680101)

Listing Price: $2,485,130

Cap Rate
4.60%
Tenant Name
Hardee's
Years Remaining On Lease
15.9
Gross SF
3,512
Guarantor
Corporate Guarantee
Rentable SF
3,512
Price/Gross SF
$707.61
Lease Type
Absolute Net
Rent Per Square Feet
$32.55

Investment Highlights

  • 20-Year Triple-Net (NNN) Lease with a Corporate Guarantee
  • Three 5-Year Renewal Options and the Rent Increases 10% every 5 years
  • 1 of 2 of a Portfolio Deal with 106 Thoroughbred Run Road, Morristown, Tennessee

Investment Overview

Marcus & Millichap is pleased to present a 3512 square-foot Hardee's located in Columbia, Tennessee which is part of Nashville MSA. The property is on the corner of US Highway 43 (Bear Creek Pike) and US Highway 31 (Nashville Highway) with a combined total of 47,560 cars per day +/-. This Hardee's is at the crossroads of all things Tennessee, with roughly 209,152 people within a 20-mile radius. This property is part of a package deal with another Hardee's located at 106 Thoroughbred Run Road, Morristown, Tennessee.

Exclusively Listed By

Broker of Record

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2860

    License(s): TN: 307629

    Tennessee

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