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101 N Main St
Blackstone, VA 23824
Hardee's - Blackstone VA · Retail Property For Sale
Investment Highlights
- Recent 3-Year Extension | Established Brand | Largest Hardee’s Franchise Operator (330+ Units)
- Along N Main St (11,000 VPD) | Excellent Visibility & Access | Strong National/Credit Tenant Presence
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Strong Demographics in 5-mile Trade Area
Executive Summary
• 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
• 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
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,860 SF
Building Class
B
Year Built
2014
Price
$1,328,758 CAD
Price Per SF
$464.60 CAD
Cap Rate
7%
NOI
$93,008 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.38 AC
Parking
63 Spaces (22.03 Spaces per 1,000 SF Leased)
Amenities
- Pylon Sign
- Restaurant
- Drive Thru
Property Taxes
| Parcel Number | 50A27 1 A 17 | Improvements Assessment | $0 CAD |
| Land Assessment | $61,525 CAD | Total Assessment | $61,525 CAD |
Property Taxes
Parcel Number
50A27 1 A 17
Land Assessment
$61,525 CAD
Improvements Assessment
$0 CAD
Total Assessment
$61,525 CAD
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