Tenant: Hardee’s | Augusta, GA Premises: 3,000 SF Renewal Options: 4 x 5 Years
Lease Expiration: 11/30/2037 Lease Type: Absolute NNN Rental Increases: 7.5% Every 5 Years
Brand New 2017 Construction with a 20 Year Absolute NNN Lease with Zero Landlord Responsibilities
7.5% Rent Increases Every 5 Years with 4 x 5 Year Options to Extend
CKE Restaurants Holdings, Inc. Owns, Operates and Franchises Some of the Most Popular Brands in the Quick-Service Restaurant Industry Including the Carl’s Jr.®, Hardee’s®, Green Burrito® and Red Burrito® Restaurant Brands
Experienced 42-Unit Operator
A High Barriers of Entry Market Just Off Interstate 20 on the AM Side of Jimmie Dyess Parkway Near the Entry to Fort Gordon and the National Security Agency in Augusta
Augusta, Georgia is Considered the Garden City of the South and Home of the Globally-Recognized Masters Tournament Bringing Over 40,000 People to the Area
Shadowed by Several New Hotels and National Retailers Including McDonald’s, Burger King, Waffle House, Taco Bell, Comfort Inn, Holiday Inn Express, Hawthorne Wyndham and Many More
Hardee's is an American-based fast-food restaurant chain operated by CKE Restaurants Holdings, Inc. ("CKE") with locations primarily in the Southern and Midwestern United States. CKE Restaurants Holdings, Inc. owns, operates and franchises some of the most popular brands in the quick-service restaurant industry, including the Carl’s Jr.®, Hardee’s®, Green Burrito® and Red Burrito® restaurant brands. The CKE system includes restaurants in 42 states and in 28 countries. CKE is headquartered in Franklin, Tennessee.
Most of the remaining international Hardee's franchises are located in countries in the Middle East and Pakistan, most being owned and operated by Americana Group. The Americana Group opened the Middle East’s first Hardee’s restaurant in Kuwait in June 1980. As of 2016, there are over 300 Hardee’s restaurants throughout Latin America, Asia and the Middle East, specifically in Bahrain, Curaçao, Egypt, El Salvador, Guatemala, Hong Kong, Iraq, Jamaica, Jordan, Kazakhstan, Kuwait, Lebanon, Oman, Pakistan, Qatar, Saudi Arabia, South Korea, Taiwan and the United Arab Emirates.