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1602 S Roane St
Harriman, TN 37748
Corporate Hardee's | 10-Year NNN · Retail Property For Sale

Investment Highlights

  • Rare Corporate Guaranteed Lease – CKE Restaurants, Inc has over 3,800 franchised and company-operated restaurants in 44 states
  • Attractive Rent Increases – lease features 10% rent increases every 5 years in the primary term and options, providing a hedge against inflation
  • Extremely Strong Store Sales - Healthy rent to sales ratio with sales significantly above national average. Please contact Broker for more details
  • Absolute NNN Lease- zero landlord responsibilities for operating or capital expenses
  • Recent Lease Extension – Hardee’s signed a new 10-year lease, which commenced in March of 2022 leaving approximately ten years remaining on firm term
  • Store Slated for Upgrade to Newest Prototype- Hardee’s Corporate is investing over $350,000 to fully upgrade interior and exterior

Property Facts

Property Type
Retail
Property Subtype
Fast Food
Building Size
3,166 SF
Building Class
C
Year Built
1999
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.97 AC
Parking
25 Spaces (7.71 Spaces per 1,000 SF Leased)
Frontage
129’ on Roane St

Amenities

  • Pylon Sign
  • Drive Thru

Property Taxes

Property Taxes

Parcel Number
036H-A-016.00
Land Assessment
$159,880
Improvements Assessment
$140,280
Total Assessment
$300,160
  • Listing ID: 25608559

  • Date on Market: 5/2/2022

  • Last Updated:

  • Address: 1602 S Roane St, Harriman, TN 37748

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