35 Highway 41 N, Camden, AL, 36726
Hardee’s
Key Information
Highlights
• Passive Income Structure: Absolute NNN lease with zero landlord responsibilities, offering a completely hands-off income stream with tenant covering all site maintenance.
• Rental Increases in Options: Features four, 5-year renewal options with 2% annual rent increases.
• 80+ Unit Operator: Leased directly and fully obligated by Paradigm Investment Group, LLC, the 3rd largest franchisee in the Hardee’s system, operating 80+ units across the Southeast.
• Commitment to Location: Hardee’s has continuously operated at this site for 19 years (since 2007) and proactively extended its firm lease term through December 31, 2029, demonstrating long-term tenant dedication.
• Dominant Trade Area: Hardee’s is the only national QSR with a drive-thru operating in the city of Camden, AL.
• Captive Regional Audience: The nearest competing national drive-thru QSR brand is located approximately 27 miles away.
• Strategic Location: Prominently positioned at 35 North Alabama Highway 41 near the State Highway 10 junction, offering strong daily traffic and retail corridor presence with dedicated dual access points.
• Nearby Institutional & Retail Synergy: Positioned near key community anchors and retail traffic generators, including CVS Pharmacy, Dollar General, United States Post Office, local schools, and major county employers.
• Global Brand Recognition: Hardee’s is a subsidiary of CKE Restaurants, Inc., providing national brand power and marketing scale.
• Fee-Simple Tax Advantages: Full fee-simple ownership of both the land and building allows an investor to potentially leverage building depreciation tax benefits.
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