Hardee’s

5401 Atlanta Hwy, Montgomery, AL
Deal Type:
Net Lease
Price:
$1,973,780
Cap Rate:
6.35%
Current Rent:
$125,335
Lease Type:
Triple Net
Lease Term:
20 years
Landlord Responsibilities:
None
Lease Expiration Date:
Approx. 11 years
Renewal Options:
Four, 5-year options
Building Sq. Ft.:
2,700
Rent Increases:
10% every 5 years after year 7
  • hardees stream capital partners
  • hardees stream capital partners

Investment Highlights

  • NNN Lease | Zero Landlord Responsibilities
  • Over 11 Years of Term Remaining
  • 10% Rent Increases Every 5 Years After Year 7 | Next Increase in 2022
  • Adjacent to Faulkner University with 2,300 Students
  • Near Eastdale Mall with 100+ Stores Including National Tenants Belk, Dillard’s & JCPenny
  • Located on Atlanta Highway with Over 48,000 Vehicles Per Day and Next to Route 231 with Over 35,000 Vehicles Per Day

Listing Agents

Adam English

Managing Director
256 694 9803
Adam@stream-cp.com

Adam Baxter

Vice President
205 394 3520
Abaxter@stream-cp.com

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