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- LoopNet Team
5796 90 Hwy
Theodore, AL 36582
Hardee's · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Approximately 15 Years Remaining on the Triple-Net (NNN) Lease
- Strong Traffic Counts | 15,721+ Vehicles Per Day
- Paradigm achieves over $3.4B in system-wide sales
- Four (5) Year Tenant Renewal Options | Strong Sales (Contact Agent for more Info)
- Second Largest Hardee’s Franchisee Nationwide (110+ Locations)
- The Tenant, Paradigm Investment Group, is an Award-Winning Restaurant Leader with Hardee’s, Blaze Pizza, Jersey Mike’s, and Delta Life Fitness
PROPERTY FACTS
AMENITIES
- Freeway Visibility
- Pylon Sign
- Signage
- Drive Thru
ABOUT 5796 90 HWY , THEODORE, AL 36582
Cushman & Wakefield is pleased to present a free-standing Hardee’s located at 5796 Highway 90, Theodore, AL 36582. The property was built in 2015 and consists of approximately 2,267 rentable square feet on roughly 0.69 acres of land. The subject property is subject to an absolute triple-net (NNN) lease that has approximately 15 Years remaining on the lease. The tenant currently pays $114,554 in rent that is scheduled to increase by 7.5% every 5 years throughout the four, five-year tenant renewal option periods.
PROPERTY TAXES
| Parcel Number | 38-02-03-2-000-003.001 | Improvements Assessment | $164,960 |
| Land Assessment | $12,000 | Total Assessment | $176,960 |
PROPERTY TAXES
