CORPORATE HARDEE'S  |  $995,000  |  6.25% CAP

Marcus & Millichap is pleased to present for sale the fee simple interest in this single-tenant Hardee's located at 42471 US Hwy 280, Sylacauga, Alabama 35150.

The subject property is comprised of 3,548 square feet and was built-to-suit for Hardee's in 1984 and remodeled in 2011. The building sits on a large 2.26 Acre lot with ample parking Located just off North US Hwy 280 Hardee's is passed by 45,000+ Vehicles Per Day.

Hardee's holds a Corporate Absolute-Net Lease with 13 years remaining. The newly extended Lease includes a 7.5% rental increase in 2026 and 7.5% increases in the Two, 5-Year Options to extend. Across the street from the subject property is Pinecrest School with 550 enrolled students from grades 3-5. 1.5-Miles away is Coosa Valley Medical Center a 148-bed, 24-Hour emergency care.

Hardee’s has built a position as one of America’s premier burger brands. Established in 1961, Hardee’s operates or franchises more than 1,900 quick-service restaurants in 30 U.S. states and nine countries.

Hardee’s consistently out-delivers the competition with an innovative menu strategy that focuses on developing premium, sit-down restaurant quality menu items. Whether it’s the 1/3-lb. 100% Black Angus Beef Thickburger line, Hand-Scooped Ice Cream Shakes & Malts™ or Made from Scratch™ Biscuits, Hardee’s provides a best-in-class menu that supports a premium franchise opportunity.

Hardee's Restaurants LLC, a privately held company based in Franklin, Tennessee, runs and operates Carl’s Jr. and Hardee’s, two beloved regional brands, known for one-of-a-kind premium and innovative menu items such as 100 percent Black Angus Thickburgers®, Made from Scratch™ Biscuits and Hand-Breaded Chicken Tenders™. With both a US and international footprint, Carl’s Jr. Restaurants LLC and Hardee’s Restaurants LLC have over 3,800 franchised or company-operated restaurants in 44 states and 43 foreign countries and U.S. territories.

PRESENTED BY:

PETER DELTONDO

Founder, Deltondo Advisory Group

(949) 419-3267

pdeltondo@marcusmillichap.com

BROKER OF RECORD

Edwin Greenhalgh

Lic. 00008-8298

© 2020 Deltondo Advisory Group of Marcus & Millichap Newport Beach