101 N Main St - Fast Food FOR SALE


Blackstone, VA 23824
$899,999 USD
470-344-2586
101 N Main St, Blackstone, VA for Sale
$899,999 USD
Fast Food - FOR SALE
1/6
null | 7.57% Cap Rate

101 N Main St
Blackstone, VA 23824


HIGHLIGHTS

  • Recent 3-Year Extension | Established Brand | Largest Hardee’s Franchise Operator (330+ Units)
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Along N Main St (11,000 VPD) | Excellent Visibility & Access | Strong National/Credit Tenant Presence
  • Strong Demographics in 5-mile Trade Area

OVERVIEW

• The tenant just recently extended their lease for an additional 3 years with a 1 (2-year) option to extend, demonstrating their commitment to the site • The lease is guaranteed by Boddie-Noell which is the largest Hardee’s franchisee in the United States with 330+ units • Hardee’s Restaurants LLC has over 1,600 franchised or company-operated restaurants in 31 states and consistently ranks in the Top 50 of the Top 500 U.S. Restaurant Chains

FOR SALE DETAILS

PRICE

$899,999 USD

PRICE/SF

$315 USD /SF

CAP RATE

7.57%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hardee's - Blackstone VA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

63

LAND DETAILS

LAND ACRES

1.38 AC

LAND SF

60,113 SF

ZONING

-

APN/PARCEL ID

50A27 1 A 16,50A27 1 A 17,50A27 1 A 18

ASK ABOUT THIS PROPERTY

Michael BerkSRS Real Estate PartnersMore Info
470-344-2586

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Michael BerkSRS Real Estate PartnersMore Info
470-344-2586

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.