CORPORATELY GUARANTEED LEASE
• Hardee’s has over 5,800 locations worldwide
• Successful company founded over 65 years
IDEALLY LOCATED DIRECTLY OFF INTERSTATE 20
• Subject property is located at the on/off ramp of the highly trafficked Interstate 20
• 114,200 cars per day along Interstate 20
COLUMBIA IS HOME TO UNIVERSITY OF SOUTH CAROLINA
• University of South Carolina is just 5 miles from the subject property
LARGE PARENT COMPANY – CKE RESTAURANTS INC.
• Hardee’s was acquired by CKE Restaurants Inc in April 1997
• CKE Restaurants Inc has revenues in excess of $1.2 billion
ATTRACTIVE LONG TERM CORPORATE ABSOLUTE NNN LEASE
• Completely passive NNN investment – ZERO landlord responsibilities
• Attractive 10% increases every 5 years in the Primary and Option Terms
COVID-19 AND ECOMMERCE RESISTANT BUSINESS
• Fast food drive thru buildings were one of the few Essential Services that were allowed to remain open for business throughout the pandemic
BUILT IN CUSTOMER BASE
• Hardee’s is surrounded by several elementary, middle and high schools providing a solid and consistent customer base
• There are several nearby including the Wyndham Columbia immediately next to the subject property
• Columbia is home to Fort Jackson