Hardee's NNN Property For Sale — Belpre, OH
20 Year Initial Ter, Belpre, OH 45714
This absolute triple net investment offers the opportunity to acquire an established Hardee's Restaurant. The tenant is a strong and experienced 45-unit operator, representing the 5th largest Hardee's franchisee in the United States, operating restaurants across Virginia, Tennessee, West Virginia, Ohio, and Pennsylvania. The lease is a new, 20-year absolute triple net lease with attractive 7% rent increases every five years and includes four (5) year options to extend. This property boasts no landlord responsibilities, providing a truly passive investment.
- Address: 20 Year Initial Ter, Belpre, OH 45714
- Asking price $1.59M
- 7.50% cap rate
- NOI $119,625
- 20 years remaining
- NNN lease
- Building size: 3,234 SF
- Rent increases: 7% increases every five years
- Guarantor: Corporate
Location
This Hardee's property is at 20 Year Initial Ter in Belpre, Ohio.
Asset type: Quick Service Restaurant (QSR)