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842 W Morton Ave
Jacksonville, IL 62650
Hardee's - Jacksonville, IL · Retail Property For Sale


Investment Highlights
- Strong Store Sales approximately $2,000,000
- Oversized Assemblage on Two Lots
- NNN Lease to Superior Star LLC
Executive Summary
Introducing a prime investment opportunity at Hardee’s in Jacksonville, Illinois. This single-tenant NNN property offers a strong cap rate of 5.85% with a long-term lease of ±13.8 years remaining. Operated by a premier Hardee’s franchisee, Superior Star LLC, boasting over 93 stores nationwide, this ±5,169 SF property sits on an oversized 2.96-acre lot. With impressive store sales exceeding $2 million and a strategic location on W Morton Ave with high visibility, this property is an attractive net lease investment. The local vicinity includes popular retailers and significant traffic flow, enhancing the site's desirability. Don't miss out on this opportunity located at 836 & 842 W Morton Ave, Jacksonville, IL 62650, offering a stable NOI of $125,905/year. Contact us today to seize this lucrative investment in a thriving market.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
5,169 SF
Building Class
B
Year Built/Renovated
1997/2024
Price
$2,994,938 CAD
Price Per SF
$579.40 CAD
Cap Rate
5.85%
NOI
$175,222 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
2.96 AC
Property Taxes
| Parcel Number | 09-20-311-020 | Improvements Assessment | $182,897 CAD |
| Land Assessment | $297,448 CAD | Total Assessment | $480,345 CAD |
Property Taxes
Parcel Number
09-20-311-020
Land Assessment
$297,448 CAD
Improvements Assessment
$182,897 CAD
Total Assessment
$480,345 CAD
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