Hardee's Absolute Triple Net Lease 5741 S.E. Abshier Blvd., Belleview, FL Cap Rate 5.15% Belleview ( Florida, US ) Built

$2,915,000 USD
Dollars

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  • Type: Commercial
  • Style: Commercial
  • Size: 3,053 sq. ft.
  • Development Level: Built
  • Lot Size: 1.2 acres
  • Year Built: 2016

Description

Hardee's Absolute Triple Net Lease 5741 S.E. Abshier Blvd., Belleview, FL Cap Rate 5.15%

Cap Rate: 5.15%
NOI: $150,000
Building Size: 3,053 sqft
Lot Area: 1.2 acres
Occupancy: 100%
Class: A
Lease Type: Absolute Net
Year Built: 2016
Price Per Sqft: $954.79
Year Last Renovated: 2016
Gross Leaseable Area: 3053
Construction Status: Complete

Price: $2,915,000 USD

DESCRIPTION
Off Market DealMakers are pleased to present for sale this single-tenant, absolute triplenet lease Hardees Restaurant investment opportunity located at 5741 SE Abshier Blvd. Belleview, FL 34420. The property consists of 1.20-acre improved with an approximately 3,053-square foot building. The newly constructed restaurant has a brand new 20-year lease in place with Arbor Capital Partners, LLC one of the fastest growing franchisees of Hardees in Florida. Annual base rent is set at $150,000, with 8.0% percent rental increases every five years in the base term, as well as the four, five-year renewal options.

Location Highlights
• Part of the Ocala Metropolitan Statistical Area, 10 Miles South of Ocala, Florida
•Located Between Gainesville and Orlando, Florida
•On Abshier Boulevard With a Daily Traffic Count of 28,000 Vehicles and
•Within Close Proximity to I-75 With a Daily Traffic Count of 91,000 Vehicles
•Brand New Wawa Planned to Come Directly Across the Street
• Surrounding Retailers Include Publix, Winn Dixie, Family Dollar, Auto Zone, Dollar General, Bealls, Advance Auto Parts, CVS, Walgreens, Bank of America, Wells Fargo, Dunkin Donuts, McDonald’s, Burger King, Popeye’s, Pizza Hut and Many More

Tenant Highlights
• CKE has a Total of 3,664 Franchised or Company-Operated Restaurants in 44 States and 37 Foreign Countries and U.S. Territories
• Tenant Owns and Operates 12 Hardee’s Locations
• Tenant has More Than 16 Years of Franchise Experience
• Nation’s Restaurant News Ranked Hardee’s as the No. 28 Foodservice Chain by Sales in the United States

HIGHLIGHTS
• Absolute Triple-Net Lease (NNN) Investment Opportunity
• New, 20-Year Lease 18 Years Remaining in the Base Term
• 8.0% Rent Increases Every Five Years in Base Term and Option Periods
• Strong Store Sales! Operators Top Performing Location
• No State Income Tax
• Four, Five-Year Renewal Options
• Excellent Demographics | High Growth Market

For more information:
Javier Tamez Martínez.
jtamez@bai-mex.com
Celular: +52 (81) 1599 75 36
Podemos encontrar propiedades comerciales e industriales para invertir en cualquier ciudad y estado de estados unidos.

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Information is deemed to be correct but not guaranteed.