HARDEE'S FOR AUCTION

INVESTMENT HIGHLIGHTS

BID DATES – MARCH 24TH – 26TH

• Zero Landlord Responsibility – Absolute NNN lease. The tenant is responsible for paying the property taxes, insurance, and maintenance.
• Seasoned Operator – The lease is guaranteed by Mountain Star, LLC who operates 21 Hardee’s locations.
• Long Term Tenancy – The tenant has operated at this site for over 36 years.
• Annual Rental increase – The lease calls for 1.50% annual increases providing an excellent hedge against inflation.
• Main Arterial Location – The property benefits from excellent visibility and exposure being located on Bluefield Ave. and sees in excess of ±16,000 vehicles per day.
• University Proximity – The property is ±0.5 miles from Bluefield state university that has an enrollment and staff of over 2,000 people.
• State Border – Bluefield sits on the border of Virginia and West Virginia and has a population of over 44,500 within 10 miles.
• Surrounding Tenants – Located amongst a group of prominent retail tenants like, Dollar General, McDonald’s, Autozone, O’Reilly Auto Parts, Dairy Queen, and many more.