Investment Highlights
- Long-Term Sale-Leaseback with Experienced Hardee’s Franchisee that Operates 12 Hardee’s Locations | Arbor Capital Partners owns and operates 9 of those 12 locations
- 10% Rent Increases Every 5 Years Throughout Base Term and Options
- Located off Interstate 75 and Hwy 44 with a Daily Traffic Count of More Than 64,000 Vehicles
- Population of More Than 150,000 Within 10 Miles
- Average Household Income is $75,771 in Five Miles of Property, and $81,055 in Ten Miles
- 10 Miles from The Villages – America’s Premier Active Adult Retirement Community with a Population of 125,000 and Counting
- The Villages Residents are Projected to Spend $200 Million Annually in Area Restaurants
- Surrounding Retailers Include McDonald’s, Taco Bell, Wendy’s, Dunkin’, Burger King, Zaxby’s, Popeyes Louisiana Chicken, IHOP, Waffle House, Pilot Travel Center, Mobile, Exxon, Sunoco, BP, Days Inn by Wyndham, Redwood Inn, Budget Inn, Holiday Inn Express & Suites and Many More
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for a Hardee’s restaurant, located in Wildwood, Florida. This Hardee’s offers a long-term triple net lease with rent increases of ten percent every five years.
The subject property is located just 10 miles from The Villages – America’s premier active adult retirement community with a population of 125,000 and counting. The Villages residents are projected to spend $200 million annually in area restaurants. The average household income is $75,771 in five miles of property, and $81,055 in ten miles.
The subject property is located off Interstate 75 and Highway 44 with a daily traffic count of more than 64,000 vehicles. Surrounding retailers include McDonald’s, Taco Bell, Wendy’s, Dunkin’, Burger King, Zaxby’s, Popeyes Louisiana Chicken, IHOP, Waffle House, Pilot Travel Center, Mobile, Exxon, Sunoco, BP, Days Inn by Wyndham, Redwood Inn, Budget Inn, Holiday Inn Express & Suites and many more.
This Hardee’s location is operated by Arbor Capital Partners. The company owns and operates 9 Hardee’s locations and 1 Subway. Arbor Capital Partners has more than 20 years of franchise experience.
