Hardee's
Retail | 6.85% CAP | 3,450 SqFt
Marketing description
Surmount is pleased to present the exclusive listing for a Hardee's located at 908 North Pine Avenue, Ocala, FL 34475. The site consists of roughly 3,450 rentable square feet of building space on an estimated 1.13-acre parcel of land. Hardee's is subject to a 10-year Triple Net (NNN) lease, which commenced 4.1.2021. The current annual rent is $129,600 and has scheduled increases of 8.00% Every 5 Years.
Investment highlights
Large 1.13-Acre Corner Parcel with Dual Street Frontage | Situated on a sizable 1.13-acre fee simple parcel with frontage along both North Pine Avenue and NW 10th Street, providing excellent visibility, multiple points of access, and future redevelopment potential.
Signalized Intersection with 62,000+ Vehicles Per Day | Positioned at a high-exposure intersection with combined traffic counts exceeding 62,000 vehicles per day, driving consistent consumer visibility and strong long-term retail viability.
Strategic Position Within Ocala’s Primary Retail Corridor | Located along North Pine Avenue, one of Ocala’s main commercial arteries, surrounded by national retailers.
Long-Term Triple Net Lease Structure | 10-year NNN lease commenced April 1, 2021, with no landlord responsibilities, providing passive ownership and predictable cash flow.
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