Absolute NNN Hardee's (Dark)
$350,000
316 South Main Street, Paris, IL 61944
6.29
Cap Rate
22,000
NOI
Details:
Highlights:
- Freestanding Value Add Restaurant Building | Former Hardee’s with existing restaurant layout, kitchen infrastructure, and dedicated parking, allowing for efficient re-tenanting or redevelopment
- High-Visibility Location | Positioned along South Main Street, a primary north–south corridor through Paris averaging 6,500+ vehicles per day
- Drive-Thru Potential | Site configuration and prior use support drive-thru functionality, a highly desirable feature for modern QSR and coffee operators
- Strong Accessibility | Convenient ingress/egress with close proximity to downtown Paris and nearby residential neighborhoods, schools, and developments
- Small-Market Stability | Located in a stable market with retailers like Dollar General, Verizon, Burger King, Walmart, Dollar Tree, CVS and More
Description:
.
Paris, Illinois is a small but established community in east-central Illinois and the
county seat of Edgar County. With a population of approximately 8,000 residents,
the city functions as the primary commercial, healthcare, and civic hub for the
surrounding rural area. Its historic downtown, anchored by the Edgar County
Courthouse, supports local retail, dining, and service businesses that benefit from
consistent, necessity-driven demand.The local economy is supported by education,
healthcare, manufacturing, and agriculture-related industries, providing a stable
employment base. As the county seat, Paris benefits from government employment
and daily traffic tied to courts, municipal offices, and professional services.
Household incomes are moderate, reinforcing demand for value-oriented retail,
quick-service restaurants, and essential services rather than discretionary luxury
uses.Paris is strategically located near U.S. Route 150, providing regional
connectivity to Champaign–Urbana to the northwest and Terre Haute, Indiana to
the southeast. The city’s role as a regional service center, combined with limited
new retail development, creates a low-volatility environment attractive to investors
seeking stable cash flow from necessity-based and neighborhood-serving
commercial assets.