975 Glynn St
Fayetteville, GA 30214
Hardee's Restaurant · Retail Property For Sale

NAI Brannen Goddard is pleased to present the exclusive listing for Hardee’s located at 975 Glynn Street North in Fayetteville Ga. The property consists of roughly 3,200 square feet of building space and sits on approximately 0.82 acres of fee simple land. The property is subject to a 20-year triple-net (NNN) lease with no landlord responsibilities with the lease which commenced December 2012. The base rent is $139,680 and is subject to 7.5% percent rental escalations every five years that will continue through the four, five-year tenant renewal options. The tenant is Capstone Restaurant Group (CRG). The lease is guaranteed by HR Group Holdings (HRG) which operates over 300+ units. The owner operator HRG has over 300 Hardee’s locations under management and is the second largest Hardee’s operator in the Carl Karcher Enterprises, Incorporated (CKE) System Strong Retail Location | Attractive Rent Escalations The current rent is $150,156 and is subject to 7.5% percent rental increases every five years. There are four, five-year renewal options in addition to the initial term.