Hardee’s

Hardee’s – Single Tenant Net Lease Investment
Augusta-Richmond County, GA MSA | Freestanding Fast Food Asset | Absolute NNN Lease | Ideal 1031 Exchange Property

This offering features a freestanding Hardee’s restaurant located in the Augusta-Richmond County metropolitan area of Georgia. The property is backed by a long-term absolute triple-net (NNN) lease with scheduled rent escalations and no landlord responsibilities, delivering 100% passive income. This fast food NNN lease investment is ideal for buyers pursuing dependable net lease investment properties, especially those completing a 1031 exchange or targeting stable income through single tenant NNN retail properties.

Located along a high-traffic corridor, the site benefits from excellent visibility, convenient access, and close proximity to national retailers, healthcare providers, and residential developments. It is a strategic fit for investors focused on NNN properties for sale in the Southeast, particularly those seeking triple net deals in Georgia.

Investment Highlights

• Single tenant net lease occupied by a national QSR brand
• Absolute NNN lease structure with no landlord obligations
• Long-term lease with scheduled rent escalations every five years
• Multiple renewal options built into the lease
• Freestanding building with dual-lane drive-thru configuration
• Located in a high-visibility corridor in a growing regional MSA
• Suitable for 1031 exchange investors
• Ideal price point for those seeking triple net properties under $2 million

This property matches the profile of investors looking to buy NNN property with stable cash flow, ease of ownership, and strong resale potential.

Tenant Overview

Hardee’s, part of CKE Restaurants Holdings, is a well-established quick-service restaurant brand with significant market share in the Southeastern United States. Known for its breakfast menu, drive-thru service, and consistent consumer base, the brand remains a staple in value-based dining. The tenant operates under an absolute NNN lease, assuming full responsibility for taxes, insurance, maintenance, roof, structure, and all other property expenses.

The lease includes fixed rent increases every five years, providing a reliable, inflation-protected income stream. The combination of lease strength, operational history, and site design offers investors long-term income security.

Lease Summary

• Lease Type: Absolute triple-net (NNN)
• Initial Term: 15–20 years
• Renewal Options: Multiple five-year extensions
• Rent Escalations: Scheduled every five years
• Landlord Responsibilities: None

This hands-off lease structure is ideal for investors prioritizing low-touch real estate with predictable cash flow.

Location Overview – Augusta-Richmond County MSA

Augusta is the second-largest metropolitan area in Georgia and serves as a regional center for healthcare, education, military, and technology. The city is home to Fort Gordon, the U.S. Army Cyber Command, and Augusta University Health, which anchor a strong employment base and generate consistent traffic throughout the area.

The metro continues to experience growth in population, job creation, and infrastructure investment. A combination of housing development, business-friendly tax policies, and steady in-migration supports a stable foundation for long-term NNN lease investments.

Location Features

• Freestanding prototype with full drive-thru capability
• Positioned on a major commercial corridor with strong daily traffic
• Excellent signage and visibility from main thoroughfares
• Close proximity to grocery, retail, auto service, healthcare, and educational institutions
• Ample parking and convenient ingress/egress

The site’s layout, traffic exposure, and neighboring anchors make it well-positioned for long-term QSR performance.

Demographic and Economic Indicators

Within a five-mile radius:

• Population exceeds 75,000
• Steady annual population and housing growth
• Major employment from healthcare, military, education, and service sectors
• Daytime traffic driven by medical facilities, retail centers, and schools

The area supports a reliable consumer base, creating consistent demand for quick-service dining and drive-thru access.

Rent Growth and Passive Income

The lease includes scheduled rent increases every five years, which compound over time to increase net operating income. With no operational or capital responsibility on the part of ownership, this asset produces stable, fully passive cash flow. The structure is especially beneficial for investors seeking income security during inflationary cycles.

Target Buyer Profiles

• Investors seeking triple net lease for sale opportunities with fixed income
• Buyers completing 1031 exchanges and seeking dependable replacements
• Those targeting fast food NNN lease investments in growing Southeast markets
• Individuals or institutions building long-term NNN lease investment portfolios
• Buyers focused on single tenant NNN retail properties with passive ownership

The property is especially well-aligned with investors pursuing Southeast NNN properties for sale and triple net deals in Georgia.

Conclusion

This Hardee’s property in the Augusta-Richmond County MSA delivers a dependable net lease real estate investment with long-term income, zero landlord responsibilities, and inflation-protected rent growth. Its freestanding layout, tenant performance, and strategic location make it an ideal addition for any investor focused on NNN deals for sale or completing a 1031 exchange.

With demand rising for corporate-backed NNN properties and few available assets offering both quality tenancy and hands-off ownership, this opportunity represents a compelling entry or addition to any passive income portfolio.