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Restaurant

Hardee's

100 Chevy Dr, Fountain Inn, SC 29644

Listing Price: $1,995,000

Cap Rate
6.20%
Tenant Name
Hardee's
Years Remaining On Lease
9.2
Guarantor
Corporate Guarantee
Rentable SF
2,640
Lease Type
Absolute Net
Rent Per Square Feet
$46.83

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.

Investment Highlights

  • Absolute NNN Corporate Guaranteed Lease
  • 10 Percent Rent Increases Every Five Years
  • Located just off Interstate 385 (53,000+ Average Daily Traffic)
  • Situated between Columbia, the State Capital, and Greenville, SC
  • Adjacent Waffle House and Marathon Gas

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (843) 952-2300

    License(s) SC: 86628

    South Carolina

Listing Price: $1,995,000

Cap Rate
6.20%
Tenant Name
Hardee's
Years Remaining On Lease
9.2
Guarantor
Corporate Guarantee
Rentable SF
2,640
Lease Type
Absolute Net
Rent Per Square Feet
$46.83

Investment Highlights

  • Absolute NNN Corporate Guaranteed Lease
  • 10 Percent Rent Increases Every Five Years
  • Located just off Interstate 385 (53,000+ Average Daily Traffic)
  • Situated between Columbia, the State Capital, and Greenville, SC
  • Adjacent Waffle House and Marathon Gas

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.

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (843) 952-2300

    License(s): SC: 86628

    South Carolina

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