Hardee's, Meridianville

11909 US Highway 231/431
Meridianville, AL 35759

PROPERTY SOLD

Property: Investment Sales

Acreage: 0.92

Price: $1,480,000

Cap Rate: Call

Description:

  • Located in a high growth suburban Huntsville, AL bedroom community (Meridianville)
  • The 2,789 square foot restaurant building was developed in first quarter of 2008 on .92 acres
  • Positioned on trade area’s primary traffic/commercial corridor (US Hwy 231/431) at a traffic signal
  • Hardee’s is on a 20-year absolute NNN lease with 10% rent bumps every 5 years
  • Franchise operator with approximately 90 locations in 7 states
  • All cash transaction that closed escrow on 8/19/09 for $1,480,000
  • Buyer was a private family trust out of the Huntsville area

Hardee's, Meridianville

Downloads

Site Plan         

Aerials         

Contact

Tyson Glasser, CCIM
Investment Sales Director
(864) 263-5427 - Main
(404) 435-6312 - Mobile
tglasser@realtylinkdev.com