Restaurant

Hardee's (New 20-Year Renewal)

4360 Atlanta Hwy, Loganville, GA 30052

Listing Price: $2,174,000

Cap Rate
5.75%
Tenant Name
Hardee's
Years Remaining On Lease
20.00
Gross SF
2,392
Guarantor
Franchisee Guarantee
Rentable SF
2,392
Price/Gross SF
$908.86
Lease Type
Absolute Net
Rent Per Square Feet
$52.26

Investment Overview

Marcus & Millichap is proud to offer for sale an absolute triple-net leased Hardee's located in Loganville (Atlanta MSA), Georgia. The site is occupied by a strong, multi-state franchisee and they recently agreed to extend the lease. There are now twenty (20) years remaining on the lease with scheduled rent bumps throughout the term.

The subject property is located in a highly trafficked, dense retail corridor and directly adjacent is a Publix anchored shopping center. Other national retailers in the immediate area that drive traffic to the corridor include Walmart, Lowes, Home Depot, CVS, Walgreens, Chick-Fil-A, and many others.

Loganville (a suburb of Atlanta)is a city inWaltonandGwinnettcounties,Georgia and is located only thirty-five miles east of downtown Atlanta. Three state highways traverse through Loganville and therefore the city offers a unique business climate that includes large retail and restaurant chains combined with small and locally owned niche shopping and dining experiences. The population within five miles of this Hardees location has increased by approximately 97% since the year 2000.

Investment Highlights

  • Absolute NNN Lease with Hardee's
  • Franchisee Just Renewed the Lease (Now 20 Year Remaining)
  • Located in Dense Retail Corridor Across from Publix, Walmart and Home Depot
  • Strong Multi-Unit and Multi-State Franchisee

Exclusively Listed By

  • Hank Wolfer

    First Vice President Investments

    Email Hank

    License(s): WA: 110547

    Seattle

Restaurant

Hardee's (New 20-Year Renewal)

Listing Price: $2,174,000

Cap Rate
5.75%
Tenant Name
Hardee's
Years Remaining On Lease
20.00
Gross SF
2,392
Guarantor
Franchisee Guarantee
Rentable SF
2,392
Price/Gross SF
$908.86
Lease Type
Absolute Net
Rent Per Square Feet
$52.26

Investment Highlights

  • Absolute NNN Lease with Hardee's
  • Franchisee Just Renewed the Lease (Now 20 Year Remaining)
  • Located in Dense Retail Corridor Across from Publix, Walmart and Home Depot
  • Strong Multi-Unit and Multi-State Franchisee

Investment Overview

Marcus & Millichap is proud to offer for sale an absolute triple-net leased Hardee's located in Loganville (Atlanta MSA), Georgia. The site is occupied by a strong, multi-state franchisee and they recently agreed to extend the lease. There are now twenty (20) years remaining on the lease with scheduled rent bumps throughout the term.

The subject property is located in a highly trafficked, dense retail corridor and directly adjacent is a Publix anchored shopping center. Other national retailers in the immediate area that drive traffic to the corridor include Walmart, Lowes, Home Depot, CVS, Walgreens, Chick-Fil-A, and many others.

Loganville (a suburb of Atlanta)is a city inWaltonandGwinnettcounties,Georgia and is located only thirty-five miles east of downtown Atlanta. Three state highways traverse through Loganville and therefore the city offers a unique business climate that includes large retail and restaurant chains combined with small and locally owned niche shopping and dining experiences. The population within five miles of this Hardees location has increased by approximately 97% since the year 2000.

Exclusively Listed By

  • Hank Wolfer

    First Vice President Investments

    Email Hank

    License(s): WA: 110547

    Seattle

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