Properties

Hardee's, Columbus, GA

7000 Ruffie Way
Columbus, GA 31820

PROPERTY SOLD

Property: Investment Sales

Square Footage: 2,500

Acreage: 0.914

Price: $2,600,000

Cap Rate: Call

Description:

• Located 10 miles northeast of downtown Columbus at the intersection of US Hwy 80 and 27
• 2,521 SF restaurant with drive thru developed on 0.9 acres and completed in December 2013
• 20 year NNN corporate lease with rent bumps every 5 years that commenced in January 2014
• The financed transaction closed escrow in March 2014 for approximately $2.26 million
• The buyer was a private family trust out of California completing a 1031 exchange