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Kiku Asian Express Lease Guaranteed by Hardee's

$2,150,000

7000 Ruffie Way, Columbus, GA 31820

Active
Last Updated: 04/14/2025

7.8

Cap Rate

168,438.72

NOI

Details:
Cap Rate:    7.8%
NOI:    $168,438.72
Cash-on-Cash:    7.8%
Building Size:    2,526 sqft
Lot Area:    39,814 sqft
Occupancy:    100%
Class:    B
Units:    1
Lease Type:    Absolute Net
Year Built:    2013
Zoning:    GC
Tenancy:    Single
Parking Spots:    37
Investment Strategy:    Core
Lease Expire Year:    12/31/2033
Description:

The property was occupied by Hardee’s, a subsidiary of Carl's Jr. since opening for business in
December 2013. The site has been vacant since the summer of 2023. Recently, Hardee’s has
sublet the property to Kiku Express Asian Kitchen. The restaurant property is located at 7000
Ruffie Way, in Midland, a suburb of Columbus, Georgia. The subject property consists of
approximately 2,526 square foot building with a drive-through area. The land is 39,814+/- square
feet or 0.914 acres. The property is in a heavy residential oriented area of Midland. Columbus is
Georgia’s second largest city in the state. Strong working-class demographics with high barriers
to entry.

The Kiku Express Asian Kitchen is ideally located near the intersection of US Highway 80 (also
known as Beaver Run Road) and Georgia 85 (also known as Manchester Parkway). Within the
commercial subdivision where the Kiku property is located, other tenants immediately next door to
the Hardee’s includes Chick-fil-A, Mavis Tires and Brakes, Guadalajara Mexican Restaurant,
Zaxby’s, Starbucks, Kinetic Check Cashing, Double Vision Eyecare, SportsClips, Moe’s and Chick
Salad Chick. Just north, across Georgia 85, is the Tractor Supply anchored shopping center
with Goodwill and McDonald’s.

Click on: https://www.facebook.com/p/Kiku-Asian-Kitchen-Express-Midland-61551885543225/

Map:
Documents:
Title
Kiku_Asian_Express_Midland__GA_OM.pdf
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Location
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