651 W Washington St | Chattahoochee, FL 32324
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- LoopNet Team
651 W Washington St
Chattahoochee, FL 32324
Hardee's · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Zero landlord responsibilities allowing an investor to enjoy a completely passive investment. The tenant is responsible for all taxes, maintenance etc
- The lease includes annual 1.65% rent increases, providing the necessary hedges against inflation over the base term of the lease and in options.
- The tenant recently acquired all 81 Hardee’s units from another Hardee’s franchisee, showing their desire and commitment to these locations
- The lease is guaranteed by ARC Burger, LLC, an 81-unit Hardee’s operator, providing a potential investor with secure and stable income
- ARC Burger, LLC is one of the largest Hardee’s operators in the entire CKE system and operates 80+ Hardee’s units across multiple states
- Hardee’s offers landlords and prospective purchasers with a national quick-service brand with a strong presence throughout the Midwest and Southeast.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,718 SF
Building Class
B
Year Built
1985
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.31 AC
Zoning
Comm
Parking
15 Spaces (5 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Drive Thru
PROPERTY TAXES
| Parcel Number | 1-32-4N-6W-0000-00141-0200 | Improvements Assessment | $358,333 |
| Land Assessment | $233,268 | Total Assessment | $591,601 |
PROPERTY TAXES
Parcel Number
1-32-4N-6W-0000-00141-0200
Land Assessment
$233,268
Improvements Assessment
$358,333
Total Assessment
$591,601
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