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Hardee's - Beavercreek, OH 4010 Colonel Glenn Hwy

3,306 SF Retail Building Dayton, OH 45431 $1,760,000 ($532/SF) 6.25% Cap Rate

Investment Highlights

  • 20-Year Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities to Begin at the Close of Escrow
  • Strong Parent Level Guarantee From Midwest First Star, Inc. - a Proud Hardee’s Franchisee Operating 31 Locations in Indiana, Ohio & Etc.
  • Located at a Hard-Signalized Corner With Multiple Access Points
  • Strong Hedge Against Inflation With 6.5% Rent Increases Every Five (5) Years
  • Property Fully Remodeled in 2016 and Had a Recent 2021 Exterior Refresh
  • 1 Block From Meijer Grocery, Providing Excellent Daily Traffic Counts

Executive Summary

Sands Investment Group is Pleased to Present Exclusively For Sale the 3,306 SF Hardee's Located at 4010 Colonel Glenn Highway in Beavercreek, OH. This Deal Includes a Long-Term 20-Year Triple Net (NNN) Sale Leaseback With Zero Landlord Responsibilities, Providing For a Unique Investment. 

In Cooperation With ParaSell, Inc., A Licensed Ohio Broker - Lic. #REC.2020005946 BoR: Scott Reid - Lic. OH #BRKP.2020001224

Property Facts

Sale Type
Investment
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,306 SF
Building Class
C
Year Built
1986
Price
$1,760,000
Price Per SF
$532
Cap Rate
6.25%
NOI
$110,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.75 AC
Zoning
B2
Parking
35 Spaces (10.59 Spaces per 1,000 SF Leased)
Frontage
91 FT on Colonel Glenn Hwy

Amenities

  • Signalized Intersection
  • Drive Thru

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Midwest First Star, Inc.
  • Accommodation and Food Services
  • 1 SF
  • $33.27
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
Midwest First Star, Inc. Accommodation and Food Services 1 SF $33.27 -

Nearby Major Retailers

Waffle House
Starbucks
Hot Head Burritos
Nathan's Famous-delivery Only
Frisch's Big Boy

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
B42-0001-0002-0-0044-00
Land Assessment
$121,340
Improvements Assessment
$127,230
Total Assessment
$248,570
  • Listing ID: 32634776

  • Date on Market: 7/31/2024

  • Last Updated:

  • Address: 4010 Colonel Glenn Hwy, Dayton, OH 45431

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