300 Cumberland St | Bogalusa, LA 70427
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300 Cumberland St
Bogalusa, LA 70427
Hardee's (Corporate) · Retail Property For Sale
Investment Highlights
- Rare Corporate Guaranteed Lease. CKE Restaurants, Inc. has over 3,800 franchised and company-operated restaurants in 44 states.
- Recent Lease Extension. Hardee’s signed a new 10-year lease, which commenced in March of 2022 leaving approximately 8.5 years remain.ing
- Store Upgrade. Hardee’s recently upgraded the interior and exterior of the site further suggesting a long term commitment to the site.
- Attractive Rent Increases. Lease features 10% rent increases ever 5 years in the primary term and options.
- Extremely Strong Store Sales. Healthy rent to sales ratio with sales significantly above national average.
- 40+ Years Operating History. Hardee’s has exuded their further commitment to the site by extending their lease for an additional 10 years.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,570 SF
Building Class
B
Year Built/Renovated
1977/2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.63 AC
Zoning
C
Frontage
100 FT on Cumberland
Amenities
- Corner Lot
- Pylon Sign
- Drive Thru
PROPERTY TAXES
| Parcel Number | 844-0021850 | Improvements Assessment | $75,450 |
| Land Assessment | $17,500 | Total Assessment | $92,950 |
PROPERTY TAXES
Parcel Number
844-0021850
Land Assessment
$17,500
Improvements Assessment
$75,450
Total Assessment
$92,950
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