Investment Overview

This Corporate Hardee’s investment property is located in Fountain Inn, a suburb located 20 miles southeast of Greenville, South Carolina. Greenville is the largest city in the Greenville-Anderson-Mauldin MSA, which had a population of 909,000 in 2020. Hardee’s is subject to an Absolute NNN Lease benefiting from 10 percent rent increases every five years. The property is situated just off Interstate 385, the main driving corridor between Greenville and the state capital, Columbia, which boasts 53,000+ average daily traffic counts. Hardee's parent company is CKE Restaurant Holdings, Inc., who also owns Carl's Jr. They acquired the Hardee's chain from Canadian company Imasco in 1997. There are currently over 1,700 Hardee's locations and over 1,000 Carl's Jr. locations in the United States.