X years, 150K NOI, 4.5 CAP -

Highlights

• 10 yrs corp guarantee
• Not in city limits
• Main Arterial / 27K CPD
• Dominant retail trade area
• Competitive price
• Excellent visibility

Description

This investment is located along the most traveled road, towards the most affluent town in East Tennessee with excellent visibility and access. It features stabilized income with a national credit tenant, with a healthy amount of term, and would be easily desired among replacement tenants who want to participate in this submarket.

Farragut. TN community West of Knoxville and is home to many professionals, executives, and entrepreneurs. Farragut has a strong economy and a high standard of living. The median household income in Farragut is over $125,000, and the median home value is over $600,000. Farragut is also a desirable place to live because of its excellent schools, safe neighborhoods, and abundance of amenities. The town has a variety of parks, recreation facilities, and shopping options. Farragut is also home to several highly-ranked private schools.

Hardee's Food Systems Inc. peak revenue was $920.0M in 2022.

Hardee's Food Systems Inc. has 16,680 employees; the revenue per employee ratio is $55,155.

Hardee's stock price over the last 3 years has gone from approx $55/share to $70/share.

Awesome Location

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