875 GOLD HILL RD Fort Mill SC 29708-7946

Matthews Real Estate Investment Services is pleased to exclusively present for your consideration, the Hardee’s at 875 Gold Hill Road in Fort Mill, South Carolina, part of the Charlotte, NC MSA. The 2,757 SF subject building was built in 2014 and is leased to Hardee’s Restaurants, LLC (the “tenant”). The tenant signed a new, 20-year NNN lease in March 2014 and has just less than twelve years remaining on their initial term and four, five-year extension periods with 10% rent escalations at each option.

The subject is strategically located with frontage along Gold Hill Road (23,900 VPD) and two points of ingress/egress along Gold Hill Road. Additionally, there are nearly 120,000 residents within a five-mile radius with an average household income of more than $115K. The population within the same trade area experienced a 95% growth rate from 2000 to 2010 and is expected to grow another 18% through 2026.

Well-known national and regional retailers within three miles from the subject include: Lowe’s Home Improvement, Publix Super Market, Walmart Supercenter, Harris Teeter, Food Lion, Target, Kohl’s, The Home Depot, McDonald’s, Waffle House, Subway, Arby’s, among others. In addition, the subject is less than 11 miles south from the Charlotte Douglas International Airport, approximately 13 miles southwest from Charlotte’s CBD, and less than four miles southwest from Carowinds Amusement Park. Interstate 77 (122,100 VPD) is one-third of one mile east of the subject and provides immediate access into Charlotte’s CBD to the north and Columbia, South Carolina, 75 miles south.

• Absolute Triple Net Lease – The tenant is responsible for the direct payment of all taxes, insurance, and common area maintenance associated with the property, providing the landlord with an absolute form of passive income

• Long Term Lease – With over 10 Years remaining in the base lease term, this investment provides prospective buyers with a long-term, fully passive stream of income

• Corporate Guarantee – The lease is corporately guaranteed by Hardee’s Restaurants LLC., a wholly owned and operated subsidiary of CKE Restaurant Holdings. CKE Restaurant Holdings also owns the Carl’s Jr brand.

• Affluent Suburb – Fort Mill, SC is an affluent suburb apart of Charlotte, NCMSA. The average Household Income within a 1-mile and 5-mile radius is $138,842 and $112,320, respectively.

• Charlotte, NC MSA – Located just 20 minutes outside of downtown Charlotte, this investment will continue to superbly benefit from the booming demographic, commercial, and residential growth Charlotte continues to experience.

• Exceptional Demographics – With projected household and population growth expected to increase by nearly 20% YoY for the next five years, Fort Mill/Charlotte is the booming market that every retail real estate investor looks for.

• Strong Retail Synergy – The subject property is immediately surrounded by other nationally recognized retailers such as Lowe’s Home Improvements, Walmart Super Center, Publix Super Market, Target, Kohl’s, Ross, The Home Depot, Quik Trip, McDonald’s, Arby’s, Subway, Waffle House, Food Lion, Dunkin’ Donuts, and more.