5016 Raymond Ave | Tupelo, MS 38801
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- LoopNet Team
5016 Raymond Ave
Tupelo, MS 38801
HARDEE'S · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- National Brand – Carl Karcher Enterprises (CKE) is one of the largest QSR concepts with ±3,300 locations in 42 states and 28 countries.
- The investment offers a percentage rent clause which will increase the NOI as the tenant’s sales increase.
- Strong Rent to Sales Ratio – Contact Broker for more information.
- Hardee’s is paying substantially less rent at this location in comparison to their national average.
- Absolute NNN Lease – The tenant is responsible for all expenses providing an investor with passive income and no landlord responsibilities.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,564 SF
Building Class
C
Year Built
1985
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.15 AC
Parking
61 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signage
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 114N-19-137-01 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $67,046 |
PROPERTY TAXES
Parcel Number
114N-19-137-01
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$67,046
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