2060 US 45 Byp S - Fast Food FOR SALE


Trenton, TN 38382
$1,200,000 USD
786-522-7062
2060 US 45 Byp S, Trenton, TN for Sale
$1,200,000 USD
Fast Food - FOR SALE
1/5
null | 6.01% Cap Rate

2060 US 45 Byp S
Trenton, TN 38382


HIGHLIGHTS

  • Tennessee is a Income Tax Free State
  • Long Term Triple Net Lease - 13.3 Years Remaining on the Initial Term + Two, 5-YR Options
  • Annual 1.5% Rent Increases
  • Global Brand - Hardees is part of CKE Restaurants, which also owns Carl Jr., another similar fast-food chain with 3,800+ locations globally
  • Below Market Rent - The annual rent of $72,167 is significantly lower than the average for most quick service restaurants
  • Strong Tenant - StarCorp LLC owns and operates over 140 Carls Jr. & Hardees locations nationally

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$337 USD /SF

CAP RATE

6.01%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hardees

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

64

LAND DETAILS

LAND ACRES

1.35 AC

LAND SF

58,675 SF

ZONING

Commercial

APN/PARCEL ID

106P-A-004.00

ASK ABOUT THIS PROPERTY

Alyssa ArmstrongMarcus & MillichapMore Info
786-522-7062

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Alyssa ArmstrongMarcus & MillichapMore Info
786-522-7062

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.