STRONG STORE SALES AND RENT-TO-SALES RATIO – Hardee’s boasts extremely strong store sales that are well above the national average for the Hardee’s brand. *Please contact Brokers for more details*
STATE CAPITOL MSA – Columbia serves as the capital city for the State of South Carolina, one of the fastest growing states in the entire Southeast.
ABSOLUTE NNN LEASE – The tenant is responsible for all landlord and maintenance responsibilities, allowing an investor to enjoy a fully passive stream of income.
RECENT SIGNIFICANT REMODEL (2020) – Hardee’s recently invested $500K into renovating the site to their brand-new store prototype, demonstrating long-term commitment to this location.
CORPORATE GUARANTEE – The lease is corporately guaranteed by Hardee’s Restaurants, LLC, providing an investor peace of mind by allowing them benefit from extremely secure income.
LONG-TERM LEASE – ±10.5 years remain on the base term of the lease, allowing an investor to enjoy several years of guaranteed income. The base term is followed by three, 5-year option periods.
STRONG RETAIL POCKET – With several shopping centers and national retailers in the immediate trade area, the subject Hardee’s benefits from a thriving industrial/retail corridor ensuring steady customer traffic.
LARGE ACRE LOT WITH DRIVE-THRU – The property sits on a large ±1.19 AC parcel and features a drive-thru, allowing for flexible redevelopment and future usability of the building and parcel.
STRONG TRAFFIC COUNTS – The Property benefits from strong traffic exposure, seeing over ±35,000 cars per day.
RENT IN LINE WITH MARKET – At ±$28/SF, Hardee’s is paying rent that is in line with market, ensuring an investor further peace of mind that the tenant’s occupancy costs are healthy.
NATIONAL OPERATOR – Hardee’s, a wholly owned subsidiary of CKE, Inc, offers landlords and prospective purchasers with a national quick-service brand with a strong presence throughout the Midwest and Southeast.