x
By submitting, you're allowing YAFC Team to email you regarding available listings. You can unsubscribe anytime.

x

Contact Us

x

Phone: 916-403-1812

Email: McKenney.Houck@cushwake.com

Or contact us using the form below.


Hardee’s, Perry, GA

Investment Summary

Price $1,844,000
Cap Rate
NOI
Lease Term 20 Years
Lease Type
Rental Increases 10% Rental Increases Every 5 Years
Year Built 2016
Building Size 2,968 sq. ft.
Lot Size 1.1 Acres (47,916 sq. ft.)
Status Sold
Lead Brokers Scott Crowle
Senior Managing Director
415.604.4288
scott.crowle@cushwake.com
CA RE License #01318288

Michael T. Yuras, CCIM
Executive Director
415.481.0788
michael.yuras@cushwake.com
CA RE License #01823291

Investment Highlights

LOW-RISK, PASSIVE INVESTMENT
» Brand new 20-year NNN lease with no landlord responsibilities
» 10% fixed rent increases every five years in initial term and option periods, providing a hedge against inflation
» Tenant/guarantor is the second largest Hardee’s franchisee in the U.S.

INTERSTATE 75 CORRIDOR LOCATION
» Freeway-visible parcel just off of Interstate 75 – 53,710 AADT
» One mile from historic downtown
» Close proximity to Georgia National Fairgrounds & Agricenter – over 900,000 visitors per year

BRAND NEW CONSTRUCTION
» Built in 2016 to Tenant’s exact specifications
» Latest Hardee’s prototype
» Features a dedicated drive-thru, providing additional convenience to customers and increasing sales revenue

WARNER ROBINS MSA MARKET
» One of the fastest-growing communities in Georgia
» Georgia was named the “Top State for Doing Business” in 2013 and 2014

Click Here to Download Offering Memorandum

Property Description

SOLD

The property is strategically located at the intersection of two of Perry’s busiest thoroughfares. The property benefits from its location along Sam Nunn Boulevard, which experiences a traffic count of 17,290 vehicles per day directly in front of the site, and its close proximity to Interstate 75, with excellent visibility and access to 53,170 vehicles per day. The site is outparcel to the Holiday Inn Express & Suites, Perry’s premier hotel, which features an outdoor pool, fitness center, business center, meeting rooms, and convenience store. A number of other hotels surround the site, due to its central location; the property is one mile from Perry’s historic downtown, approximately three miles from the Georgia National Fairgrounds & Agricenter, and 22 miles from Robins Air Force Base.

Two large retail centers are less than half a mile from the property. The first, Plaza Shopping Center, features major national tenants, such as Walmart Supercenter, Aaron’s, Shoe Show, and Dollar Tree. The second center, Perry Marketplace, is anchored by Kroger, Ace Hardware, and Bealls Outlet. The remaining shop spaces are tenanted by Sally Beauty Supply, Verizon, Great Clips, Hibbett Sports, GNC, Cato, NAPA Auto Parts, and others.

Download OM Form

x
JOIN OUR
EMAIL LIST
SUBSCRIBE
Receive Our Latest Single and Multi-Tenant Listings
close-link