Subscribe to Intelligence
View property history data!
Access historical property and tax details including tax amounts, land value, and more to inform your next opportunity.
Hardee's
Hardee's | LEASE INCLUDES PERCENTAGE RENT CLAUSE
Listing Contacts
License: CA 01815949
License: CA CA 01239109
Active
Address
916 Virginia Ave, Clarksville, VA 23927
Show on MapDate Added
Nov 28, 2023
Days on Market
515 days
Time Since Last Update
15 days
Details
Property TypeRetail
SubtypeQSR/Fast Food
Lease TypeAbsolute NNN
Tenant CreditFranchisee
TenancySingle
Brand/TenantHardee's/Carl's Jr
Lease Expiration04/29/2027
Remaining Term2 years
Square Footage3,820
Price/Sq Ft$261.78
Cap Rate7.78%
Occupancy100%
NOI$77,847
Units1
Buildings1
Lot Size (acres)0.89
Lease OptionsThree, 5-Year
OwnershipFee Simple
Marketing Description
+ Situated at a 4-way signalized intersection
+ 0.89 Acre Pad at entrance to the Clarksville Crossing Shopping Center
+ Across from the Clarksville Fine Arts Center, which has been entertaining Clarksville and the surrounding area since 1973
+ Across from the Burnett Library & Learning Center and the Clarksville Police Station
+ Other Nearby National Tenants Include Dollar General, Food Lion, Verizon, 7-Eleven, McDonald’s and More
+ Excellent Visibility from US. Routes 58 and 15
Investment Highlights
+ Tenant is the largest Hardee’s franchisee – operating 340 locations in four states
+ Lease includes Percentage Rent Clause
+ Very consistent Store-Level Sales (contact agent for details)
+ Renovated in 2015
Valuation Calculator
Valuation Calculator
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$77,847.00
$6,487.25/mo
Valuation Metrics
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
0
DSCR
7.78%
Cap Rate
7.78%
ROI
Property History
| Date | Event | Document | Price | Price/SF | Sold By | Sold To | ||
|---|---|---|---|---|---|---|---|---|
 | | | | | ||||
| | | | | ||||
| | | | | ||||
| | | | | ||||
| | | | | ||||
Due Diligence
Listing Contacts
- License: CA 01815949
- License: CA CA 01239109
Similar Properties for Sale
$195,000
11256 Highway 15 S
Retail • 1,200 SF
11256 Highway 15 S Clarksville, VA 23927
Pointe Realty Group Kerr Lake
$279,000
Prime Commercial Space Near Kerr Lake
Retail • 3,960 SF
12757 US-15 Clarksville, VA 23927
$350,000
432 Washington Street
Retail • 1,099 SF
432 Washington Street Boydton, VA 23917
Exit Town & Lake Realty, South Hill
$225,000
8059 Florence Avenue
Retail • 3,108 SF
8059 Florence Avenue Virgilina, VA 24598
$629,000
Creekside Country Retreat on 10+ Scenic Acres
Retail • 1,200 SF
2666 Vaughan Rd Bullock, NC 27565
Opportunity Zone
$225,000
Historic Downtown South Boston VA
Retail • 15,000 SF
505 N Main St South Boston, VA 24592
Opportunity Zone
Unpriced
901 Wilborn Ave
Stand Alone RETAIL/RESTURANT Building
901 Wilborn Ave South Boston, VA 24592
Opportunity Zone
$1,499,000
Southern Automotive
Southern Automotive - South Boston, VA
1000 Wilborn Ave South Boston, VA 24592
Opportunity Zone
$6,600,000
Hupps Mill Plaza Shopping Center
173k SF • 77% Occupied • $38/SF • $6.6M • 8.10% CAP
2219 Wilborn Ave South Boston, VA 24592
$5,825,000
Petco | Henderson, NC
Retail • 6.00% CAP • 15,900 SF
160 US-158 BYP Henderson, NC 27537
Opportunity Zone
$325,000
Route 58/360, Philpott Road
Commercial Land available near Dollar General Distribution Center
3120 Philpott Rd South Boston, VA 24592
See more properties for sale in Clarksville
Additional Information
Broker of Record
Brian Hosey
Broker of Record: License Type
VA 0225247494
Is there information that looks off? Report
For assistance, reach out to our support team at [email protected] or call 888.273.0423 .