Hardee's, Montgomery MSA
5401 Atlanta Highway
Montgomery, AL 36109
Site Plan(s) (PDF)
Aerial(s) (PDF)
Located 5 miles east of downtown Montgomery in a commercially dense trade area
2,489 SF restaurant developed on a .55 acre outparcel to Montgomery East Plaza
Positioned on US Hwy 80 between Faulkner University and Eastdale Mall (964,717 SF)
Hardeeās franchisee is on a new 20 year NNN lease with rent bumps every 5 years
The transaction closed escrow on October 28, 2010 for $1,324,895
The all cash buyer was a high net worth investor out of Nashville, TN
Square Feet:
2,489
Cap Rate:
Call
Price:
$1,324,895
Property Type:
NNN
Purchase Type:
For Sale
Contact:
Tyson Glasser, CCIM
(864) 263-5427
