Blackstone, VA - Hardee's
$973,000
101 N Main St, Blackstone, VA 23824
7
Cap Rate
68,106
NOI
Details:
Description:
• The tenant just recently extended their lease for an additional 3 years with a 1 (2-year) option to extend, demonstrating their commitment to the site
• The lease is guaranteed by Boddie-Noell which is the largest Hardee’s franchisee in the United States with 330+ units
• Hardee’s Restaurants LLC has over 1,600 franchised or company-operated restaurants in 31 states and consistently ranks in the Top 50 of the Top 500 U.S. Restaurant Chains
• The asset is located along N Main St, a major retail road that averages 11,000 vehicles passing by daily
• The site is in close proximity to multiple national/credit tenants including Walmart Supercenter, O’Reilly Auto Parts, Dollar General, Ace Hardware, Family Dollar, Shell, and many more
• Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site
• The asset has excellent visibility via significant street frontage and a large pylon sign
• Multiple points of ingress/egress
Location
Gallery