Hardee's - Jacksonville, IL
Retail | 5.85% CAP | 5,169 SqFt
Marketing description
Introducing a prime investment opportunity at Hardee’s in Jacksonville, Illinois. This single-tenant NNN property offers a strong cap rate of 5.85% with a long-term lease of ±13.8 years remaining. Operated by a premier Hardee’s franchisee, Superior Star LLC, boasting over 93 stores nationwide, this ±5,169 SF property sits on an oversized 2.96-acre lot. With impressive store sales exceeding $2 million and a strategic location on W Morton Ave with high visibility, this property is an attractive net lease investment. The local vicinity includes popular retailers and significant traffic flow, enhancing the site's desirability. Don't miss out on this opportunity located at 836 & 842 W Morton Ave, Jacksonville, IL 62650, offering a stable NOI of $125,905/year. Contact us today to seize this lucrative investment in a thriving market.
Investment highlights
Single Tenant NNN Lease with ± 13.8 Years Remaining
Operated by a Premier Hardee’s Franchisee: Superior Star, LLC - Operates over 93+ Stores throughout the US
Oversized Assemblage on Two Lots – 2.96 AC Total
Store Sales Above $2 MM at Subject Location
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