Attractive Lease Terms: This offering features an absolute net lease with an impressive remaining term of ±9 years plus options, ensuring consistent and dependable rental income.
Strong Corporate Guaranty: The subject property is under the operational management by Hardee’s Restaurants, LLC. This corporate guarantee underscores the stability and reliability of the lease.
Favorable Rent Growth: The lease structure includes compelling rental escalations, offering 10% rent increases every 5-years during the initial term and, subsequently, the greater of 10% or CPI adjustments during all option periods.
Ample Site Size: The property boasts a substantial land area of nearly 2 acres, featuring 34 dedicated parking spaces, enhancing its appeal and functionality.
Thriving Greater Market: Located in the Athens, Georgia MSA comprising a population of 485,000 residents, and home to the University of Georgia with over 40,000 students, this property is situated in a dynamic and growing market with promising investment potential.