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Blackstone, VA - Hardee's

$973,000

101 N Main St, Blackstone, VA 23824

Active
Last Updated: 01/30/2026

7

Cap Rate

68,106

NOI

Details:
Cap Rate:    7%
NOI:    $68,106
Building Size:    2,860 sqft
Lot Area:    1.38 acres
Zoning:    General Business
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

Map:
Location
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