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7942 Garners Ferry Rd, Columbia, SC, 29209

HARDEE’S
CONTACT BROKER

Key Information

Tot. SF
3,389
Year Built
2020
Term Remaining
±10.5 YRS
Type
Retail

Highlights

  • 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.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # 22684 (SC)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203