Hardee's, Mobile MSA

25 Lakeview Circle
Atmore, AL 36502

Site Plan(s) (PDF)

Loacted approx. 1/4 mile off I-65 across from the Windcreek Casino and Hotel
2,789 square foot building developed on .87 acre that opened in May 2009
Positioned at entrance to a 740 acre mixed use development called Rivercane
Hardee's is on a 20 year absolute NNN lease with 10% rent bumps every 5 years
Franchisee operator with approx. 90 locations throughout AL, FL, and MS
Transaction closed escrow on November 17, 2009 for approx. $1,229,000
Buyer was a private family trust out of CA and paid all cash for the property

Square Feet:

2,789

Acreage:

0.87

Cap Rate:

Call

Price:

$1,228,991

Property Type:

NNN

Purchase Type:

For Sale

Contact:

Tyson Glasser, CCIM

(864) 263-5427