Hardee's, Atmore
25 Lakeview Circle
Atmore, AL 36502
PROPERTY SOLD
Property: Investment Sales
Square Footage: 2,789
Acreage: 0.87
Price: $1,229,000
Cap Rate: Call
Description:
- 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


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Contact
Tyson Glasser, CCIM
Director of Capital Markets & Dispositions
864.263.5427 - Main
404.435.6312 - Mobile