Log In/Sign Up
Your email has been sent.
Hardee’s 35 Hwy 41 N 3,612 SF Retail Building Camden, AL 36726 $1,025,294 ($283.86/SF) 8.49% Cap Rate
Investment Highlights
- Absolute NNN lease with zero landlord responsibilities and tenant covering all site maintenance.
- Operated by Paradigm Investment Group, LLC — 3rd largest Hardee's franchisee with 80+ units.
- Nearest competing national drive-thru QSR brand is located approximately 27 miles away.
- Four, 5-year renewal options with 2% annual rent increases.
- Hardee's is the only national QSR with a drive-thru operating in the city of Camden, AL.
- Fee-simple ownership of both land and building with potential building depreciation tax benefits.
Executive Summary
Broker of Record
Hutt Cooke
License # 000168807-0, 000110253 - 0 (AL)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Hutt Cooke
License # 000168807-0, 000110253 - 0 (AL)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,612 SF
Building Class
B
Year Built
1988
Price
$1,025,294
Price Per SF
$283.86
Cap Rate
8.49%
NOI
$87,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
2.10 AC
Zoning
C
Parking
62 Spaces (17.17 Spaces per 1,000 SF Leased)
Frontage
582’ on Alabama 41
Amenities
- Restaurant
- Signage
- Drive Thru
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Accommodation and Food Services
- -
- $24.00
- Triple Net
- Dec 2029
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 | - | $24.00 | Triple Net | Dec 2029 |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 15-05-21-3-000-002-001-0 | Improvements Assessment | $46,818 |
| Land Assessment | $31,460 | Total Assessment | $78,278 |
Property Taxes
Parcel Number
15-05-21-3-000-002-001-0
Land Assessment
$31,460
Improvements Assessment
$46,818
Total Assessment
$78,278
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
Hardee’s | 35 Hwy 41 N