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NNN Restaurant Property
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Pending

2324 E Oglethorpe Blvd, Albany, GA 31705

Hardee's offered on a brand new 20-year triple-net lease with scheduled 10% increases every five years.

Property Size2,752 SF
Lot Size0.98 Acres
Days on Market133

Property Features for 2324 E Oglethorpe Blvd

General Information

Standard status Pending
Size 2,752 SF
Lot size 0.98 Acres
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: SURMOUNT
Listed By: Glen Kunofsky · License #NY 49KU1129178
Source: Crexi
Added: Apr 10 Changed: Aug 14 Last Checked: Aug 19 at 12:44PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SURMOUNT

Investment Insights

Based on property information with market context.

Marcus & Millichap presents an exclusive offering for a Hardee’s restaurant property on a brand new 20-year triple-net (NNN) lease. The lease structure places limited responsibilities on the tenant, with “absolutely no landlord responsibilities upon the close of escrow” as stated in the listing materials. Rental increases are scheduled at 10.00% every five years, continuing through the base term and into four, five-year tenant renewal options.

The property includes 2,752 square feet of building space situated on approximately 0.98 acres of land. The lease also includes a franchisee guaranty from Phase Three Star, an 85-unit operator, per the provided remarks.

This offering is being marketed as a fully leased, NNN investment with a long-duration term and recurring rent escalations built into the lease through the renewal options.

Key Highlights

  • Hardee's at 2324 E Oglethorpe Blvd, Albany, GA
  • 2,752 SF building on approximately 0.98 acres
  • Brand new 20‑year triple‑net (NNN) lease with no landlord responsibilities upon close of escrow

Property Analytics

Current Use

Hardee's Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Dental Office Electrical Service Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

421
Businesses Nearby
100k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 60% Dining 34% Apparel 4% Electronics 1%
Murphy USA Shops & Services
17,132 visits/mo 0.4 miles
Burger King Dining
16,135 visits/mo 0.4 miles
Dollar Tree Shops & Services
15,570 visits/mo 0.0 miles
Hardee's Dining
9,216 visits/mo 0.1 miles
Family Dollar Shops & Services
8,273 visits/mo 0.3 miles

Demographics for 31705, GA

29,858
Population
12,829
Households
2.3
Avg Household Size
35
Median Age
12%
College-Educated
80%
High-School Grad
140.4 sq mi
ZIP Area
213
Density / Sq Mi
$37,210
Median Household Income
$26,836
Median Earnings
$852
Median Rent
$101,900
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Hardee's offered on a brand new 20-year triple-net lease with scheduled 10% increases every five years.
Where is this nnn property located?
The property is located at 2324 E Oglethorpe Blvd Albany, GA.
What are key features of this property?
This property features: Hardee's at 2324 E Oglethorpe Blvd, Albany, GA; 2,752 SF building on approximately 0.98 acres; Brand new 20‑year triple‑net (NNN) lease with no landlord responsibilities upon close of escrow
(332) 345-4222 Call to check price and availability
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