Hardee's - Russellville, AR | 3097 Main st
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Hardee's - Russellville, AR 3097 Main st
2,550 SF Retail Building Russellville, AR 72802 $2,450,000 ($961/SF) 6.12% Cap Rate
Investment Highlights
- Brand New 20-Year Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities at the Close of Escrow
- Lease is Backed By Saddle Peak, a Proud and Experienced 32-Unit Hardee's and 6-Unit 7 Brew Coffee Operator; Also Includes a Large Personal Guarantee
- Strategically Located as an Outparcel to a Hobby Lobby Anchored Strip Center With Major Retailers Including: JCPenney, Dollar Tree Etc.
- Strong Hedge Against Inflation With 10% Rent Increases Every 5 Years; Successful Long Term Occupancy History With Strong Sales of $1.55M
- Brand New Construction Drive-Thru | Tenant Scraped Old Building and is Expected to Complete Construction By EOY
- Brand New Construction Chipotle Opening Next Door, Creating More Retail Synergy and Traffic Flow to the Area
Executive Summary
Sands Investment Group is Pleased to Exclusively Offer For Sale the 2,550 SF Hardee's Located at 3097 East Main Street in Russellville, AR. This Deal Includes a Brand New 20-Year Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities to Begin at the Close of Escrow, Providing For a Secure Investment.
In Cooperation With Sands Investment Group Arkansas, LLC Lic. #PB00085157 BOR: Andrew Ackerman Lic. AR #PB00085157
In Cooperation With Sands Investment Group Arkansas, LLC Lic. #PB00085157 BOR: Andrew Ackerman Lic. AR #PB00085157
Property Facts
Sale Type
Investment
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Building Size
2,550 SF
Building Class
C
Year Built/Renovated
1996/2011
Price
$2,450,000
Price Per SF
$961
Cap Rate
6.12%
NOI
$150,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.67 AC
Opportunity Zone
Yes
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Hardee’s
- Retailer
- 2,550 SF
- $42.06
- Triple Net
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Hardee’s | Retailer | 2,550 SF | $42.06 | Triple Net | - |
Nearby Major Retailers
Contacts
-
Jordan Mulloy -
Will Schuhmacher -
Doug Roland -
Max Freedman -
Andrew Ackerman -
Sands Investment Group Austin, LLC
1 of 4
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Hardee's - Russellville, AR | 3097 Main st
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.