Hardee's, Montgomery, Atlanta Highway
5401 Atlanta Highway
Montgomery, AL 36109
PROPERTY SOLD
Property: Investment Sales
Square Footage: 2,489
Price: $1,324,895
Cap Rate: Call
Description:
- 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)
- Hardee’s 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


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