Corporate Hardee's | Excellent Historical Performer
Large 2 Acre Parcel
Marketing description
Matthews™ is pleased to present the opportunity to acquire a fee simple, single-tenant net-leased Hardee's located in Georgetown, South Carolina — a growing coastal community strategically positioned between Charleston and Myrtle Beach along the state's highly traveled coastal corridor. The offering presents an attractive opportunity to acquire a recently extended, corporately guaranteed net-leased asset exhibiting strong unit-level performance within one of Georgetown's primary retail trade corridors.
The ±3,943 SF property is situated on a substantial ±2.0-acre parcel and benefits from excellent visibility and access along a major commercial thoroughfare with traffic counts exceeding ±24,000 vehicles per day. The site is surrounded by a complementary mix of national retailers, restaurants, hotels, and service-oriented businesses, creating a dynamic retail environment driven by both local consumer demand and year-round coastal tourism.
Investment highlights
- Long-Term Corporate Lease | ±11.5 Years Remaining: The Property is secured by a recently extended corporate lease with Hardee's Restaurants, LLC, featuring approximately 11.5 years remaining on the base term and four (4) additional 5-year renewal options, providing investors with long-term income stability and operational continuity.
- Absolute NNN Lease | Passive Investment Opportunity: The asset is leased on an absolute triple-net (NNN) basis, offering a truly passive ownership structure with no landlord responsibilities for maintenance, repairs, taxes, or insurance.
- Strong Store Performance | Above-Average Sales Location: The Property benefits from strong in-place store sales and a proven operating history that consistently outperforms national Hardee's brand averages.
- Prime Coastal South Carolina Location: Georgetown is strategically positioned along the South Carolina coast between Charleston and Myrtle Beach, benefiting from steady local consumer demand and substantial seasonal tourism traffic throughout the year.
- Excellent Visibility & Access | ±24,000+ VPD: The Property is located along a primary commercial corridor with traffic counts exceeding 24,000 vehicles per day, offering exceptional visibility, accessibility, and exposure to daily commuters and visitors alike.
- Large 2.0-Acre Site | Long-Term Flexibility: Situated on an expansive 2-acre parcel, the Property offers strong site functionality, ample parking and access, significant residual land value, and future redevelopment potential.
- Established Retail Corridor | Strong Retail Synergy: The surrounding trade area is anchored by a strong concentration of national retailers, restaurants, hotels, and daily-needs businesses that drive consistent consumer traffic and reinforce the corridor's position as a dominant retail destination.
- Growing Coastal Market: Georgetown continues to experience growth driven by expanding tourism, ongoing residential development, and increased economic activity throughout the greater coastal South Carolina region.
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