Hardee's, Montgomery MSA
95 Folmar Parkway
Hope Hull, AL 36043
PROPERTY SOLD
Property: Investment Sales
Square Footage: 2,476
Price: $1,658,000
Cap Rate: Call
Description:
- Located about 8 miles SW of Montgomery just off I-65 near the Regional Airport
- Brand new 2,500 SF quick serve restaurant with drive-thru completed in March 2014
- 20 year NNN franchisee lease with rent bumps that commenced in April 2014
- Transaction closed escrow in May 2014 for approximately $1.67 million
- Financed buyer was a private family trust out of California completing a 1031 exchange


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