Hardee’s | Triple Net (NNN) Lease
$1,000,000
1815 N 1st Street, Jacksonville, AR 72076
For Sale
Retail
Restaurant
Active
Last Updated: 03/22/2021
7.5
Cap Rate
75,000
NOI
Details:
Cap Rate: 7.5%
NOI: $75,000
Building Size: 3,000 sqft
Lot Area: 0.74 acres
Lease Type: Triple Net
Year Built: 2016
Price Per Sqft: $288.89
Roof & Structure: Tenant’s Responsibility
HVAC: Tenant’s Responsibility
Repairs & Maintenance: Tenant’s Responsibility
Highlights:
- Brand New 5-Year Triple Net (NNN) Lease With No Landlord Responsibilities to Begin at the Close of Escrow
- Lease Guarantee is Backed By Experienced Franchisee With 36+ Units
- Strategically Located in a Heavy Retail Corridor Along N 1st Near N JP Wright Loop, That Has a Combined Traffic Count of 21,533 VPD
- Strong Demographics With a Population of 37,794 Residents Making an Average Household Income of $59,452 Within a 5-Mile Radius
- Directly Across Hwy 167 (59,325 VPD) From the Walmart Supercenter, Starbucks, GameStop, Super 8 By Wyndham and Citgo
- Minutes From Jacksonville High School and Crow Stadium Which Serves Over 1,200 Students and Staff
- Steps From Arkansas State and Webster Universities – Campuses on the Little Rock Air Force Base Which Both Serve Over 50,000 Active or Retired Military Personnel
- Just 8 Minutes to the Little Rock Air Force Base, Known For the Training Ba, ARse of the C-130 Hercules and Their Pilots; It is the 4th Largest Employer in the State of Arkansas
- Nearby Tenants Include: Shipley Do-Nuts, Rally’s, Valero, Aaron’s, Rent-A-Center, McDonald’s, China Wok, Magic Lube, T-Mobile, Taco Bell, AutoZone, Lowe’s and More
Description:
Sands Investment Group is Pleased to Exclusively Offer For Sale the 3,000 SF Hardee’s Located at 1815 N 1st Street in Jacksonville, Arkansas. This Opportunity Includes a Brand New 5-Year Triple Net (NNN) Lease With Zero Landlord Responsibilities to Begin at the Close of Escrow, Providing For a Great Investment.
In Cooperation With Sands Investment Group Arkansas, LLC - Lic. # PB00085157
Documents:
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Offering Memorandum |
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