Retail Space For Lease @ 515 Us Hwy 441

Freestanding Absolute NNN Zero Landlord Responsibility Hardee's. 300+ unit operator has occupied the restaurant since the 2017 design-build newest prototype. This outstanding opportunity offers investors a long-term [14 years] lease through January 2037 with four (4), five (5) year options to renew and fixed ten percent (10%) rent increases every five years during the primary lease term and options. The new-concept site consists of ±3,052 SF of building space on 1.57-AC parcel of land. Along with its sibling restaurant chain, Carl’s Jr., Hardee’s is the 5th largest fast-food restaurant chain in the United States. The lease is absolute NNN with no landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor. The site features a state-of-the-art, newly constructed building with modern amenities and design, with a major tenant commitment to the location, having built the restaurant at tenant’s own expense.

Tenant Information: Capstone Restaurant Group is a collection of affiliated companies that operates and franchise over 300+ restaurants in 16 states through a variety of brands that include Carl’s Jr, Hardee’s, Taco Bell, Dunkin Donut and Pizza Hut Express. Their focus is on Hardee’s and Carl’s Jr where they have almost 300 restaurants. Through a series of acquisitions and organic growth, they have climbed their way to be the 2nd largest franchisee in the CKE Restaurants system. This space offers accomodations for: free standing building.