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Hardee’s Drive-Through Restaurant
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14622 W NC Hwy 87, Tar Heel, NC 28392

Single-tenant net-leased restaurant with a corporate lease guarantee and extended lease term remaining.

Property Size2,446 SF
Price / SF$746.12
Days on Market85

Property Features for 14622 W NC Hwy 87

General Information

Standard status Active
Size 2,446 SF
Property subtype Retail
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $117,480

Building Details

Year Built 2017
Year Renovated 2023
Tenancy Single
Listing Agency: Matthews
Listed By: Nathan Roberto · License #TN 36870.
Source: Crexi
Added: Jun 8 Changed: Aug 30 Last Checked: Aug 30 at 11:41AM

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 Matthews

Investment Insights

Based on property information with market context.

This fee-simple property is a single-tenant, drive-through restaurant occupied by Hardee’s Restaurants LLC under a corporately guaranteed net lease. Built as a Hardee’s build-to-suit in 2017, the building contains 2,466 SF and sits on a corner parcel with access and visibility along the area’s primary commercial corridor.

The restaurant is located at 14622 W NC Hwy 87 in Tar Heel, North Carolina, near the Smithfield Foods pork processing facility, a major regional employment center. The surrounding commercial area includes retail and service uses oriented toward the local workforce. More than 11 years of lease term remain, providing a defined occupancy period for the fee-simple owner.

Key Highlights

  • 2,466 SF drive‑through restaurant built in 2017
  • Single‑tenant occupancy by Hardee’s Restaurants LLC
  • Corporately guaranteed net lease with over 11 years of term remaining

Property Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Barber Shop Electrical Service Auto Repair Shop Nail Salon Auto Parts Store

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

Location Intelligence

Trade Area within ½ mile

58
Businesses Nearby
38k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 60% Dining 40%
Hardee's Dining
13,210 visits/mo 0.3 miles
Marathon Petroleum Shops & Services
13,078 visits/mo 0.3 miles
Dollar General Shops & Services
5,473 visits/mo 0.4 miles
Dollar Tree Shops & Services
4,314 visits/mo 0.5 miles
SUBWAY Dining
2,282 visits/mo 0.3 miles

Demographics for 28392, NC

1,333
Population
842
Households
1.6
Avg Household Size
47
Median Age
19%
College-Educated
93%
High-School Grad
37.4 sq mi
ZIP Area
36
Density / Sq Mi
$72,019
Median Household Income
$53,182
Median Earnings
$742
Median Rent
$107,800
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
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Single-tenant net-leased restaurant with a corporate lease guarantee and extended lease term remaining.
Where is this drive through restaurant located?
The property is located at 14622 W NC Hwy 87 Tar Heel, NC.
What is the asking price?
The asking price for this property is $1,825,000.
What are key features of this property?
This property features: 2,466 SF drive‑through restaurant built in 2017; Single‑tenant occupancy by Hardee’s Restaurants LLC; Corporately guaranteed net lease with over 11 years of term remaining
More about this property
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