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
1121 E Market St
Logansport, IN 46947
Hardee's | Corp. Guaranty | Absolute NNN · Retail Property For Sale
PROPERTY FACTS
ABOUT 1121 E MARKET ST , LOGANSPORT, IN 46947
CIRE Partners is pleased to present a single-tenant net leased investment offering in Logansport, IN. The subject property is occupied by Hardee' s and located at 1121 East Market Street. The site consists of an approximately 3,414 square foot building on a 0.82 acre parcel. The current lease term expires December 31, 2021, with one remaining five (5) year option. Strategically located within a mile from Downtown Logansport, the subject property benefits not only from residential areas, but also the downtown' s workforce. This Hardee' s has a rent that is significantly lower than its surrounding comparables, which bodes well when reviewing its strong rent-to-sales factor. It' s strong performance and potential upside is further benefited by its prominent visibility, excellent ingress and egress, and limited quick service/fast food restaurant competition. The property also features a drive-thru window and pylon signage that is visible from both West and East bound traffic.
PROPERTY TAXES
| Parcel Number | 09-17-44-436-002.000-010 | Improvements Assessment | $616,200 |
| Land Assessment | $87,500 | Total Assessment | $703,700 |
PROPERTY TAXES
