Purchase Price | $1,800,000 |
---|---|
Annual Rental Income | $132,300 |
Cap Rate | 7.35% |
Lease Term | 19 Years |
City | Beckley |
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Hardee’s – Single Tenant Net Lease Investment
Beckley, WV MSA | Freestanding QSR | Absolute NNN Lease | Passive Income
This listing features a freestanding Hardee’s restaurant in the Beckley, West Virginia metropolitan area. The property benefits from a long-term absolute triple-net (NNN) lease, scheduled rent escalations every five years, and zero landlord responsibilities—offering fully passive income ideal for investors seeking net lease investment properties, NNN properties for sale, single tenant net lease, or fast food NNN lease investments.
Located on a prominent commercial corridor with strong vehicle counts and corner visibility, this site is positioned near retail anchors, healthcare facilities, schools, and residential neighborhoods. It caters to investors searching for net lease real estate investments, NNN opportunities, or looking to buy NNN property, particularly those targeting secondary markets under $2 million.
Investment Highlights
This opportunity aligns with NNN investment property listings and meets high intent in buy NNN property searches.
Tenant Overview
Hardee’s, part of the CKE Restaurants portfolio, has established a strong presence in value-driven QSR and excels in breakfast, sandwich, and drive-thru offerings. The brand maintains customer loyalty through digital ordering and delivery integration. The layout and franchise model consistently support strong unit performance in suburban and secondary markets.
This location is leased on an absolute NNN basis. With this structure, the tenant is responsible for property taxes, insurance, maintenance, roof, HVAC, parking lot, and related site obligations. This ensures a reliable, fully passive cash flow structure. Rent escalations every five years provide an inflation-hedged income stream.
Lease Summary
This structure appeals to investors targeting long term NNN lease investments, single tenant NNN retail properties, or net lease opportunities with minimal oversight.
Location Overview – Beckley, WV MSA
Beckley serves as a regional hub in southern West Virginia, with the economy anchored by healthcare, coal-mining heritage, retail, education, and tourism. The area draws consumer traffic from surrounding counties and supports a mid-sized population with ongoing infrastructure investment.
Key demand drivers include regional hospitals, community colleges, retail centers, and tourism tied to nearby outdoor recreation. Daytime traffic is steady, driven by employees, students, residents, and visitors. The site’s location enhances visibility and accessibility from main thoroughfares.
Site Attributes
This type of fast food NNN lease investment is attractive due to its operational efficiency and long-term QSR viability.
Trade-Area Demographics
Within a five-mile radius:
The area’s demographic mix supports consistent drive-thru sales, making it ideal for single tenant net lease strategies.
Rent Growth & Cash Flow
The lease includes fixed rent escalations every five years, steadily increasing net operating income over time. With no landlord costs, ownership benefits from true passive income—perfect for investors eyeing 1031 exchange NNN properties, net lease investment properties, or NNN real estate investments.
Ideal Buyer Profiles
This asset aligns with searches like “best net lease properties for 1031 exchange” and “fast food NNN lease investments.”
Conclusion
This Hardee’s in the Beckley MSA offers a competitive passive income opportunity with strong tenant backing, zero landlord obligations, scheduled rent increases, and long-term NNN lease structure. Located in a regional economic center, it delivers predictable cash flow, value appreciation potential, and minimal management.
Whether adding to a passive portfolio, completing a 1031 exchange, or acquiring a turnkey net lease real estate investment, this property represents a best-in-class option for investors focused on NNN opportunities in underserved secondary markets.