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Hardee's | Recent Extension | Corp Abs NNN Gr 12328 Highway 56 N 3,189 SF Retail Building Clinton, SC 29325 $1,133,000 ($355.28/SF) 6% Cap Rate

Retail Spaces South Carolina Clinton 12328 Highway 56 N, Clinton, SC 29325

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INVESTMENT HIGHLIGHTS

  • Brand New 5-Year Extension | Corporate Signed Ground Lease | Options to Extend | Occupied Property for 40 Years
  • Direct On/Off Ramp Access to Interstate 26 | Located Along State Highway 56 | Limited Competition
  • Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities

EXECUTIVE SUMMARY

SRS National Net Lease Group is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN, corporate signed, drive-thru equipped, Hardee’s investment property located in Clinton, South Carolina (Greenville MSA). The tenant, Hardee’s Restaurant LLC, recently signed a brand new 5-year lease extension with 2 (5-year) option periods to extend. The lease features CPI increases at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities, making it an ideal, management-free investment opportunity for a passive investor.

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,189 SF
Building Class
C
Year Built
1984
Price
$1,133,000
Price Per SF
$355.28
Cap Rate
6%
NOI
$68,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.33 AC
Zoning
C-3 - General Commerical District
Parking
45 Spaces (14.11 Spaces per 1,000 SF Leased)
Frontage
404’ on South Carolina 56

AMENITIES

  • Freeway Visibility
  • Restaurant
  • Signage
  • Drive Thru

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Accommodation and Food Services
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

For over 60 years, Hardee's has brought communities together with quality, delicious food. With restaurants across the U.S., and locations in global countries, Hardee's is committed to the best tasting food to better serve their guests. From Made From Scratch™ Biscuits and Hand-Breaded Chicken Tenders™. Hardee's has been known for more than 40 years for their Made From Scratch™ Biscuits. Hardee's designated Biscuit Makers rise before the sun, and start their mornings at 4 a.m., hand-making each batch of biscuits from scratch every 15 minutes for biscuit clouds of flaky, buttery goodness.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Accommodation and Food Services 99,999 SF - Lorem Ipsum Jan 0000

LINKS

1 1

NEARBY MAJOR RETAILERS

Waffle House
Starbucks
Zaxby's

PROPERTY TAXES

Parcel Number 635-00-00-027 Improvements Assessment $0
Land Assessment $27,000 Total Assessment $27,000

PROPERTY TAXES

Parcel Number
635-00-00-027
Land Assessment
$27,000
Improvements Assessment
$0
Total Assessment
$27,000
(480) 221-4221

Still interested?

Contact the brokers for more information about this property

CONTACTS

  • Listing ID: 30367904

  • Date on Market: 12/14/2023

  • Last Updated:

  • Address: 12328 Highway 56 N, Clinton, SC 29325

More public record information on 12328 Highway 56 N, Clinton, SC 29325

The Retail Property at 12328 Highway 56 N, Clinton, SC 29325 is currently available for Sale. Contact SRS National Net Lease for more information.

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Hardee's | Recent Extension | Corp Abs NNN Gr | 12328 Highway 56 N
(480) 221-4221 x

Hardee's | Recent Extension | Corp Abs NNN Gr | 12328 Highway 56 N

Patrick Luther
(480) 221-4221

Matthew Mousavi
(714) 404-8849

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