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26457790
26458289

5741 SE Abshier Blvd, Belleview, FL 34420

CA
FL FL SL3382569
TD Commercial Group
TD
FL FL BK3344615
TD Commercial Group
JM
FL SL3631750
TD Commercial Group
SS
FL SL3633363
TD Commercial Group
Listed by TD Commercial Group
$2,400,000
288 days on market
Updated 23 days ago

Hardee's

Details
Property Type Retail
Sub Type Convenience Store, QSR/Fast Food (+1)
Square Footage 3,053
Units 1
Cap Rate 6.75%
NOI $162,000
Occupancy 100%
Tenancy Single
Brand/Tenant Hardee's/Carl's Jr
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 12/01/2038
Remaining Term 12
Rent Bumps Yes
Lease Options 6x5
Broker Co-Op Yes
Class A
Year Built 2016
Acreage 1.200
Investment Type Net Lease
Tenant Credit Franchisee, Corporate Guarantee
Lease Commencement 01/01/2018
Occupancy Date 01/01/2018
Ground Lease No
Ownership Fee Simple
Sale Condition 1031 exchange

Absolute NNN Hardee’s | Prime Florida Location | 6.25% Cap | 12.5 Years | Ocala MSA

Marketing description

This is a rare opportunity to acquire a 100% passive absolute triple net lease asset in a high-growth Central Florida market. The property is leased to Hardee’s, operated by Arbor Capital Partners, LLC, a proven 12-unit franchisee with over 16 years of operational experience.

The site features an Absolute NNN lease with zero landlord responsibilities, offering long-term, reliable income. With 12.5 years remaining on the base term and 8% rent increases every 5 years, this is a cash-flow asset with built-in growth — and the next rent increase hits in just 2.5 years, delivering immediate upside and a hedge against inflation.

Strategically positioned along SE Abshier Blvd (28,000+ VPD) and minutes from Interstate 75 (91,000+ VPD), the site benefits from excellent visibility, easy access, and strong traffic. A new Wawa is planned directly across the street, further enhancing the retail synergy.

The property is surrounded by a strong mix of national retailers, including Publix, CVS, Walgreens, McDonald’s, Popeyes, Dunkin’, Bealls, and more, making it a high-visibility, high-traffic destination. It’s also located just 10 miles south of Ocala and near The Villages, the largest single-site residential development in the United States — a market known for rapid growth and steady consumer demand. The entire area benefits from strong demographic momentum in a no-income-tax state, adding to the long-term appeal for investors.

Investment highlights

Deal Highlights

  • 3,053 SF building on a generous 1.20-acre parcel with strong layout and modern construction (built in 2016)

  • SE Abshier Blvd (US-27/301): Major commercial artery with 28,000+ VPD, linking Ocala to The Villages

  • Located just minutes from Interstate 75, one of the busiest north-south highways in Florida with 91,000+ VPD

  • Zoning & site layout support long-term retail viability including drive-thru and pad-site functionality

  • Wawa (coming soon) directly across the street adds a high-traffic fuel & convenience anchor

  • Just 10 miles from The Villages, the fastest-growing retirement community in the U.S., adding significant consumer demand to Belleview corridor

  • Franchisee is not a small operator — Arbor Capital Partners, LLC also operates a Subway, indicating broader QSR experience

  • 8% rent bumps every 5 years outperform many NNN QSR comps, offering natural hedge against inflation

  • Located in Marion County, part of the Ocala MSA, consistently ranked among Florida’s most affordable and fastest-growing metros

  • No state income tax in Florida enhances net yield for both individual and institutional investors

Listing Contacts

CA
FL FL SL3382569
TD Commercial Group
TD
FL FL BK3344615
TD Commercial Group
JM
FL SL3631750
TD Commercial Group
SS
FL SL3633363
TD Commercial Group
Listed by TD Commercial Group

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$162,000.00
$13,500.00/mo

Valuation Metrics

0
DSCR
6.75%
Cap Rate
6.75%
ROI

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Additional Information

Name
Carlos Alonso
License
FL SL3382569
Title
Florida
Name
Ted Dowding
License
FL BK3344615
Brokerage
TD Commercial Group
Brokerage Phone
8589997431
Title
Real Estate Broker
Brokerage Address
200 South Andrews Avenue
Name
Jared McNutt
License
SL3631750
Brokerage
TD Commercial Group
Title
VP of Investment Sales
Name
Shane Smith
License
SL3633363
Brokerage
TD Commercial Group
Brokerage Phone
605.515.4564
Title
VP of Investment Sales
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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