Hardee's | 124 Hartman Ln
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Hardee's 124 Hartman Ln
3,362 SF Retail Building O'Fallon, IL 62269 $953,625 ($284/SF) 7.50% Cap Rate
Investment Highlights
- Absolute NNN Lease: ± 7 YRS remain w/ 4-5 YR options to renew
- Rent Increases: Fixed 10% every 5 YRS (next as of November 2026)
- 1.44 AC Lot
- Corporate Guarantee
- Fee Simple Ownership (land & building)
Executive Summary
CIRE Partners is pleased to present a single-tenant net leased investment property in O'Fallon, Illinois. The subject property is strategically located at the signalized intersection of Hartman Lane and U.S. Route 50, and at an entrance and exit of Interstate 64, the property benefits from prominent visibility, excellent ingress and egress, and strong traffic volumes. The property is shadow anchored by Walmart Supercenter, Sam's Club, and The Home Depot. Other neighboring retail tenants include Taco Bell, Jack in the Box, Starbucks, McDonald's, ALDI, and KFC.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,362 SF
Building Class
B
Year Built
1989
Price
$953,625
Price Per SF
$284
Cap Rate
7.50%
NOI
$71,522
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.44 AC
Parking
73 Spaces (21.71 Spaces per 1,000 SF Leased)
Frontage
138 FT on Hartman Ln
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 03-25.0-300-037 | Improvements Assessment | $155,835 |
| Land Assessment | $72,071 | Total Assessment | $227,906 |
PROPERTY TAXES
Parcel Number
03-25.0-300-037
Land Assessment
$72,071
Improvements Assessment
$155,835
Total Assessment
$227,906
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Hardee's | 124 Hartman Ln
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