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| Price $1,192,387 | Built/Renov 2015 | Tenant Hardee's |
| Cap Rate 7.50% | Lease Type
Abs NNN | Guarantor Franchisee |
| Size/SF
2,476
| Lease Start
11-01-2023
| #Units
82
|
| Price/SF $481.58 | Expiration
11-30-2035
| Tenant Type Fast Food/QSR |
| NOI $89,429 | R. Term 10.11 | Ownership Fee Simple |
| Rent/SF
$36.12
| Increases 7.5%/5/yrs | Pop 5Mi 87,042 |
| Lot/AC 0.95 | Options 2/5yrs/7.5% | AHHI 5Mi $58,986 |
| | |
Hardee's is strategically located at the signalized, hard corner intersection of St. Stephens Road and Wolf Ridge Road, with access to a combined daily traffic count of 24,815 vehicles. The property is surrounded by well-known national tenants including Burger King, Domino's, McDonald's, Chevron, Metro by T-Mobile, and more. The 5-mile trade area supports a population of 87,042 residents with...
...Signalized intersection
Hard corner intersection
Dense retail corridor
Near major nationals
Strategically located
Major MSA
Absolute NNN
Long 10+ yr lease
50+ unit franchisee backed
Hardee's Restaurants LLC is an American fast-food restaurant chain famous for its made-from-scratch hand-breaded chicken tenders and biscuits. Their menu includes hand-breaded chicken...
| 1 Miles | 3 Miles | 5 Miles | |
| 2029 Total Population : | 4,177 | 33,580 | 82,389 |
| 2024 Total Population : | 4,255 | 34,150 | 83,785 |
| 2024 Employed Civilian Pop : | 1,357 | 12,733 | 34,631 |
| 2024 Total Businesses : | 175 | 1,013 | 3,484 |
| 2024 Average Household Income : | $ 44,466 | $ 50,336 | $ 71,491 |
| 2024 Total Consumer Spending : | $ 67 M | $ 627 M | $ 2214 M |
| 2024 Median Age : | 39 | 40 | 39 |
| 2024 Total Households : | 1,694 | 13,884 | 34,824 |
| 2024 Pop Age 25+: Bachelor's Degree : | 235 | 2,166 | 9,865 |
| 2024 Average Home Value : | $ 159,783 | $ 163,653 | $ 238,430 |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
