Hardee’s

1771 US HWY 431, Boaz, AL

Deal Type:

Net Lease

Price:

$1,305,085

Cap Rate:

5.90%

Current Rent:

$77,000

Lease Type:

Triple Net

Landlord Responsibilities:

None

Lease Expiration Date:

Approx. 7 years

Renewal Options:

Four, 5-Year

Building Sq. Ft.:

3,542 SF

Rent Increases:

7.5% on 10/31/25

Site Size:

1.377 Acres

Access Offering Memorandum

Investment Highlights

Absolute NNN lease with no landlord obligations – providing passive investment opportunity.
More than 7 years of term remaining with four, 5-year options.
7.5% rent increase effective on 10/31/2025 and each option period.
Experienced and successful operator – Strong guaranty, lease is backed by Paradigm Investment Group, which encompasses 82 locations across 3 states.
Boaz, AL is part of the Huntsville-Decatur, AL combined statistical area which is the most populated sub-region of North Alabama, and is the second-fastest growing region in the state of Alabama.

Listing Agents

Adam Baxter

Vice President
205 394 3520
[email protected]

Jordan Williams

Senior Associate
205 209 5671
[email protected]

Jordan Shtulman

Managing Principal
847 226 4133
[email protected]

Broker of Record: Jonathan Wolfe, Lic. #000116991-0

Download Offering Memorandum

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