hardee's sale leaseback

Hardee’s | Sheridan, AR


Sands Investment Group is Pleased to Exclusively Offer For Sale the Hardee’s Sale Leaseback Investment Opportunity Located at 201 N Rock Street in Sheridan, Arkansas.

  • Brand New 20 Year Triple Net (NNN) Lease With No Landlord Responsibilities to Begin at the Close of Escrow
  • Lease Guaranty is Backed By an Experienced Franchisee With 36+ Units
  • Tenant Completed an Extensive $275,000 Interior and Exterior Remodel in 2018
  • Limited QSR Competition Within a 5-Mile Radius
  • Sheridan is Located 25-Miles East of Pine Bluff and 34-Miles South of Little Rock
  • Located on a Signalized Corner With Dual Access Off Bell St and Rock St With a Combined Traffic Count of Over 12,400 VPD
  • Ideally Situated Between Sheridan High School, Sheridan Intermediate School and Sheridan Middle School, Which Brings Over 600 Students Within a 1-Mile Radius of the Property
  • Population of Over 12,593 Residents Making an Average Household Income of $66,278 Within a 10-Mile Radius
  • Sheridan’s Top Employers Are the School District, Memorial Hospital, Veteran Affairs Healthcare System, Cloud Peak Energy and Sheridan College
  • Nearby Tenants Include: Valero, Sonic, Dollar General, Pizza Hut, McDonald’s, Burger King, Baskin-Robbins, Walmart Supercenter and Dollar Tree

In Cooperation With Sands Investment Group Arkansas, LLC – Lic. # PB00085157

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Burger King

 

  • Absolute Triple Net (NNN) Lease with Zero Landlord Responsibility
  • Long Term Lease in Place
  • Successful Location with a Healthy 7.88% Rent-to-Sales Ratio
  • Store Opened March 2010 With Proven Unit Level Sales
  • Four (4) x Five (5) Year Options to Extend
  • Experienced 21 Unit Operator that has Been in Business Since 1979
  • Outparcel to Walmart Super Center, Murphy USA, McDonald’s and Pizza Hut
  • Burger King is the 2nd Largest Fast Food Hamburger Chain in the World
  • Over 15,000 BK Locations Worldwide

In Cooperation with JDS Real Estate Services, Inc.,  Lic. # PB00076638