Hardee's NNN Properties for Sale
16 live Hardee's listings as of October 7, 2026.
Hardee's cap rates by band
| Cap rate band | Listings | Average asking price |
|---|---|---|
| Under 5.00% | 1 | $3.00M |
| 5.00% – 5.99% | 3 | $2.39M |
| 6.00% – 6.99% | 7 | $1.69M |
| 7.00% – 7.99% | 5 | $1.37M |
Hardee's listings by state
| State | Listings | Average cap rate |
|---|---|---|
| Illinois | 3 | 6.75% |
| Missouri | 2 | 6.00% |
| Ohio | 2 | 6.88% |
| Arkansas | 1 | 7.50% |
| Georgia | 1 | 5.01% |
| Indiana | 1 | 6.67% |
| Tennessee | 1 | 7.00% |
| West Virginia | 1 | 5.00% |
Hardee's remaining lease term
| Remaining term | Listings | Average cap rate |
|---|---|---|
| Under 5 years | 1 | 6.75% |
| 5 – 9.9 years | 3 | 7.00% |
| 10 – 14.9 years | 2 | 6.01% |
| 15+ years | 10 | 6.18% |
Buying Hardee's in a 1031 exchange
In a 1031 exchange, replacement property must be identified within 45 days of selling the relinquished property and the purchase must close within 180 days. A qualified intermediary holds the sale proceeds in between. Speak with your own tax adviser about your situation.
12 of the 16 live Hardee's listings have 10 or more years of primary lease term remaining (as of October 7, 2026).
Hardee's due-diligence checklist
- Read the full lease: confirm the firm term, renewal options, rent schedule and every landlord responsibility.
- Confirm who guarantees the lease (corporate, franchisee or personal) and review the guarantor’s financial statements where available.
- Order tenant estoppel and SNDA documents before closing.
- Review the title commitment, survey and zoning report for the parcel.
- Commission a Phase I environmental site assessment.
- Inspect the roof, structure, parking lot and HVAC, and confirm any warranties.
- Verify property tax, insurance and CAM reimbursements against the lease.
- Review store-level sales or rent-to-sales data if the tenant reports it.
Hardee's net lease FAQ
How many Hardee's net lease properties are for sale?
Net Lease World shows 16 live Hardee's listings as of October 7, 2026.
What cap rates are Hardee's properties listed at?
Live Hardee's listings with a published cap rate range from 4.89% to 7.50%, with a median of 6.50% (as of October 7, 2026). These are asking cap rates, not closed sales.
What is the typical asking price for a Hardee's property?
The median asking price across live Hardee's listings with a published price is $1.60M (as of October 7, 2026).
Which states have the most Hardee's listings?
Illinois (3), Missouri (2), Ohio (2). Listings appear in 8 states in total (as of October 7, 2026).
How much lease term is left on Hardee's listings?
The median remaining primary lease term is 15.2 years; 12 listings have 10 or more years remaining (as of October 7, 2026).
Live Hardee's listings
- Hardee's — Jacksonville, AR · Asking $1.00M · 7.50% cap rate
- Hardee's · Asking $1.16M · 7.00% cap rate
- Hardee's — Bushnell, IL · Asking $1.25M · 6.50% cap rate
- Hardee's — Jeffersonville, IN · Asking $2.14M · 6.67% cap rate
- Hardee's — Piqua · Asking $1.60M · 6.25% cap rate
- Hardee's — Springfield, IL · Asking $1.37M · 6.75% cap rate
- Hardee's — Paris, TN · Asking $2.27M · 7.00% cap rate
- Hardee's — St. Louis, MO · Asking $1.85M · 6.50% cap rate
- Hardee's — Clarksburg, WV · Asking $3.34M · 5.00% cap rate
- Hardee's — Petersburg, IL · Asking $830,100 · 7.00% cap rate
- Hardee's — Piqua, OH · Asking $1.60M · 6.25% cap rate
- Hardee's / Mountain Express · Asking $3.00M · 4.89% cap rate
- Hardee's — Cornelia, GA · Asking $2.50M · 5.01% cap rate
- Hardee's · Asking $2.00M · 6.25% cap rate
- Hardee's — Belpre, OH · Asking $1.59M · 7.50% cap rate
- Hardee's — Jackson, MO · Asking $1.32M · 5.50% cap rate