Property History
Long-Term Absolute Net (NNN) Lease - The subject property has 15+ years remaining on the lease and features four, five-year options to extend. Tenant is responsible for taxes, insurance, and all maintenance at the property, including roof, structure, and parking lot.
Strong Franchisee Guarantee - The lease is guaranteed by StarCorp LLC, one of the largest franchisees in the Hardee’s/ Carl’s Jr. system. Based out of Phoenix, StarCorp currently operates over 150+ locations throughout the Western United States.
Pad Site to Power Center - The subject property is a pad site to a power center anchored by Menard’s Home Improvement, and includes national retailers such as PetSmart, Michaels, Famous Footwear, and more.
Excellent Site-Level Visibility - The subject property has frontage along 13th Avenue, which has daily traffic counts exceeding 25,023 vehicles and is a hotbed for shopping and retail in the West Fargo area.
Surrounded by Prominent Retailers - Many prominent national retailers can be found in the immediate vicinity of the subject property, including traffic drivers such as Walmart Supercenter, Lowe’s, Target, Bed Bath & Beyond, T.J. Maxx, Kohl’s, and many others.
West Acres Mall – Over 100 Stores - Located 1 mile east of the subject property is West Acres Mall, the largest shopping mall in the state of North Dakota. With over 100 stores, West Acres brings visitors to the area on a daily basis.
Strong Fargo Economy - Fargo is the county seat of Cass County and the most populous city in the state of North Dakota. Fargo’s economy is strong, with a low unemployment rate and a diverse mix of industries. It’s home to North Dakota State University and is considered a cultural, retail, educational and industrial center for North Dakota and northwestern Minnesota.
Premier Fast-Food Brand - Hardee’s is an American fast-food restaurant chain operated by CKE Restaurant Holdings, Inc. With over 5,800 locations across 11 countries, it is one of the largest quick service restaurant brands in the world.
Loan History
Financial History
Tax History
Contact Information
Ownership Information
Zoning
Property Details
Contacts
Map
Comparable Properties
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