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Hardee's 195 Walmart Cir

3,037 SF Retail Building Sandersville, GA 31082 $1,238,585 ($408/SF) 7% Cap Rate

Investment Highlights

  • Absolute NNN Lease: ± 11.5 YRS remain w/ 4-5 YR options to renew
  • Franchise Lease Guaranty
  • Rent Increases: Fixed 10% every 5 YRS (next as of January 2026)
  • Fee Simple Ownership (land & building)

Executive Summary

CIRE Partners is pleased to present a single-tenant net leased investment property in Sandersville, Georgia, which is centrally located between Macon and Augusta, as well as Atlanta and Savannah. The subject property is occupied by Hardee’s and located at 195 Walmart Circle. The site consists of an approximately 3,037 square foot building on an approximately 0.88 acre parcel of land.
Strategically located on an outparcel to a Walmart Supercenter and at a signalized intersection along Georgia State Route 15, the subject property benefits from prominent visibility, excellent ingress and egress, strong traffic volumes, and a local trade area that provides demand and synergy. Neighboring national credit tenants include TitleMax, Murphy USA, Dollar Tree, Domino’s, Tractor Supply Co, Huddle House, Dairy Queen, and O’Reilly Auto Parts. In addition, this Hardee’s property features a drive-thru and pylon signage.
This Hardee’s property is one of approximately 1,700 in the entire Hardee’s restaurant system and has operated at this same location since it was built in 2015. ARC Burger, the franchisee and lease guarantor, operates approximately 81 Hardee’s restaurants and its parent company, High Bluff Capital Partners, also operates Church’s Chicken, Quiznos, and Taco Del Mar. The strength of the operator, combined with a strategic location, equates to a highly demanded and seasoned property.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,037 SF
Building Class
A
Year Built
2015
Price
$1,238,585
Price Per SF
$408
Cap Rate
7%
NOI
$86,701
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Land Acres
0.88 AC
Parking
43 Spaces (14.16 Spaces per 1,000 SF Leased)
Frontage
120 FT on GA SR 15

Amenities

  • Corner Lot
  • Dedicated Turn Lane
  • Pylon Sign
  • Restaurant
  • Signalized Intersection
  • Drive Thru

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Accommodation and Food Services
  • 3,037 SF
  • $2.37
  • Triple Net
  • Jun 2035

For over 60 years, Hardee's has brought communities together with quality, delicious food. With restaurants across the U.S., and locations in global countries, Hardee's is committed to the best tasting food to better serve their guests. From Made From Scratch™ Biscuits and Hand-Breaded Chicken Tenders™. Hardee's has been known for more than 40 years for their Made From Scratch™ Biscuits. Hardee's designated Biscuit Makers rise before the sun, and start their mornings at 4 a.m., hand-making each batch of biscuits from scratch every 15 minutes for biscuit clouds of flaky, buttery goodness.

Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Accommodation and Food Services 3,037 SF $2.37 Triple Net Jun 2035
  • Listing ID: 29823427

  • Date on Market: 10/18/2023

  • Last Updated:

  • Address: 195 Walmart Cir, Sandersville, GA 31082

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