Hardee's Restaurant Santa Rosa Beach, FL - 3010 US Highway 98 W, Santa Rosa Beach, FL 32459
For Sale
For Sale
-
Sale Status
Active
-
Year Built
2016
-
Total Building Size
2,474 RSF
-
Overview
Great investor opportunity for this absolute NNN single tenant property with lease until 2038! Free standing Hardee's Restaurant with rent increases in 2021 and every five years after that. Four 5-year renewal option periods with rent increases at end of lease. This is the only fast food restaurant operation in Santa Rosa Beach and has an ideal location directly on US Hwy 98. Visibility is excellent and traffic counts are 36,500/day. Walton County Florida has experienced a 4.5% population growth annually and is the fastest growing county based on GDP in the entire state of Florida with a county wide GDP of $2.5 Billion. Easy access to communities along 30A in south Walton County.
Property Details
Great investor opportunity for this absolute NNN single tenant property with lease until 2038! Free standing Hardee's Restaurant with rent increases in 2021 and every five years after that. Four 5-year renewal option periods with rent increases at end of lease. This is the only fast food restaurant operation in Santa Rosa Beach and has an ideal location directly on US Hwy 98. Visibility is excellent and traffic counts are 36,500/day. Walton County Florida has experienced a 4.5% population growth annually and is the fastest growing county based on GDP in the entire state of Florida with a county wide GDP of $2.5 Billion. Easy access to communities along 30A in south Walton County.
- Property TypeRetail
- Year Built2016
- Sale Price$2,150,000
- Total Building Size2,474RSF
- Total Acres0.66
- Sale StatusActive
- Property ID1347286