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14622 W NC Hwy 87
Tar Heel, NC 28392

$1,910,244 USD

Fast Food For Sale  •  2,446 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 2,446 SF
  • Lot Size 1.83 AC
  • Building Class B
  • Year Built 2017
  • Cap Rate 6.15 %
  • Tenancy Single
  • Zoning C
20 Walk Score

Highlights

Long-Term Lease | 11+ Years Remaining: The Property is secured by a corporate guarantee from Hardee’s Restaurants LLC with 11 years remaining
Absolute NNN Lease | Passive Investment: The asset is leased on an absolute triple-net (NNN) basis
Strong Store Sales | Above National Averages: This location reports consistent store sales well above the Hardee’s national average
Attractive Rent Growth | 10% Increases Every 5 Years: The lease features 10% rental escalations every five years
Limited Competition | Captive Trade Area: The immediate market features limited quick-service competition
Essential Workforce-Oriented Location: The surrounding area is heavily driven by industrial and workforce activity
Cap Rate: 6.15 %

Major Tenants

Tenant SF Occupied Lease End Date
Hardee's 4/30/2037

Public Transportation

AirportDriveWalkDistance
Fayetteville Regional/Grannis Field 35 min - 23.5 mi
Nathan Roberto 214-295-8753 Matthews Real Estate Investment Services
Nathan Roberto 214-295-8753 Matthews Real Estate Investment Services