Hardee’s

• Absolute NNN Lease – The absolute triple-net (NNN) lease structure provides investors with a truly passive ownership experience, as the tenant is responsible for all property-related expenses, including maintenance, insurance, taxes, and repairs.
• Strong Store Sales | Above National Averages – This location consistently generates sales well above the Hardee’s national average, demonstrating strong unit-level performance and reinforcing the stability of the investment. Contact broker for additional details.
• Percentage Rent Upside – The property generated trailing 12-month percentage rent of $26,048, resulting in an effective yield approaching 26.6% on total rental income.
• Positioned on Hard Signalized Corner – Located at the signalized intersection of U.S. Highway 30 and South County Road, the property benefits from excellent visibility and exposure to approximately 10,000 vehicles per day.
• Long Operating History – Hardee’s has successfully operated at this location for more than 35 years, highlighting sustained customer demand, strong site performance, and long-term tenant commitment to the market.
• Spacious Lot with Future Flexibility – Situated on approximately ±1.78 acres, the property offers ample parking, efficient traffic circulation, and potential future expansion or redevelopment opportunities, enhancing long-term value.
• Attractive Yield and NOI – The asset offers a 7.54% cap rate and generates annual net operating income (NOI) of $98,048, providing investors with a compelling income-producing opportunity.
• Franchisee Guarantee – The lease is guaranteed by A & J Enterprises, Inc., an experienced Hardee’s franchisee that operates two Hardee’s locations.
• Minimal Market Competition – As one of only two national quick-service restaurant brands in Toledo, the property benefits from limited direct competition. The lack of competing national QSR concepts allows the tenant to capture a larger share of local dining demand and maintain a strong market presence.