Hardee’s

Franklin, Virginia

NNN Pro Group is pleased to present the exclusive listing for a Hardee’s located at 105 N Mechanic Street in Franklin, VA. The site consists of roughly 3,336 rentable square feet of building space on estimated 0.67-acre parcel of land. This absolute triple-net (NNN) lease was recently extended by 10 years in August 2023. The current annual rent is $80,000 and the landlord has received an average of $25,164 in additional percentage rent over the past three years. The tenant has 4, 5-year renewal options.

✓ Newly Extended 10-Year Absolute Triple Net (NNN) Lease
✓ Five and a Half Percent (5.50%)of Annual Sales in Percentage Rent
✓ Recent 2023 Remodel of the Location | Tenant Covered All Costs Showing Strong Commitment
✓ Full Franchisee Guarantee from Boddie-Noell Enterprises, Inc. – The Largest and Oldest Franchisee in the Hardee’s System Of The Nation’s Largest Pizza Hut Operators
✓ Tenant Reports Strong Sales Above the National Average for Hardee’s