Tenant: Hardee’s | Hot Springs, AR
Premises: 2,952 SF
Renewal Options: 6 x 5 Years
Lease Expiration: 5 Yrs From COE
Lease Type: NNN
Rental Increases: 8% Every 5 Years
Sands Investment Group is Pleased to Exclusively Offer the Hardee’s Sale Leaseback NNN Investment Opportunity Located at 249 W Grand Avenue in Hot Springs, Arkansas.
In Cooperation With Sands Investment Group Arkansas, LLC – Lic. # PB00085157
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Hardee’s is an American fast-food restaurant chain which predominantly operates in the Midwestern and Southeastern United States. It was founded in 1960 by Wilber Hardee in Greenville, North Carolina, and is owned today by CKE Restaurants, Inc. After recent international openings, there are over 3,800 franchised or company-operated restaurants in 44 states and 43 foreign countries and U.S. territories.
CKE Restaurants, Inc. owns, operates and franchises the Carl’s Jr., Hardee’s, Green Burrito® and Red Burrito® concepts. Carl’s Jr. and Hardee’s operate as one brand under two names, acknowledging the rich regional heritage of both banners. Recently, CKE opened their first restaurants in New York and New Jersey, and had international openings in Japan, Australia, Canada, Colombia and Guatemala. CKE Restaurants, Inc. now has a total of 3,682 franchised or company-operated restaurants in 44 states and 38 foreign countries and U.S. territories. The Carl’s Jr./Hardee’s system is now 93 percent franchised, with international restaurants representing 19 percent of the system.