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Hardee's Quick-Service Restaurant
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1710 Westridge Rd, New Ulm, MN 56073

Fee-simple sale of a quick-service Hardee's with an absolute NNN lease through August 2038.

Property Size2,966 SF
Lot Size1.17 Acres
Price / SF$474.04
Days on Market185

Property Features for 1710 Westridge Rd

General Information

Standard status Active
Size 2,966 SF
Lot size 1.17 Acres
Property subtype Retail
Occupancy 100%
Lease Type Absolute Net
Net Operating Income $98,439

Site & Location

Traffic Count 5,000 vehicles/day
Highway Access Yes

Building Details

Year Built 2013
Tenancy Single
Listing Agency: JLL - Minneapolis, Minnesota
Listed By: Matt Hazelton · License #MN 40449423
Source: Crexi
Added: Mar 3 Changed: Aug 8 Last Checked: Jul 23 at 12:04PM

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 JLL - Minneapolis, Minnesota

Investment Insights

Based on property information with market context.

Jones Lang LaSalle Americas, Inc. (JLL) is pleased to exclusively offer the fee-simple interest in a Hardee’s quick-service restaurant located at 1710 Westridge Rd, New Ulm, MN. The property includes a 2,966 SF restaurant on 1.17 acres and is secured by a long-term absolute NNN lease extending through August 2038. The lease is described as providing built-in rent escalations every five years, with four additional renewal options that could extend the tenancy through 2058.

The restaurant is positioned adjacent to a Walmart Supercenter on Westridge Road, and it benefits from visibility along U.S. Highway 14. The frontage is described as having approximately 5,000 vehicles per day with unobstructed sightlines intended to maximize exposure and customer accessibility.

Superior Star LLC, identified in the offering materials as operating 93+ Hardee’s locations across 11 states, is stated to handle all operational aspects and property expenses under the absolute NNN structure.

Key Highlights

  • 2,966 SF Hardee’s quick‑service restaurant on 1.17 acres at 1710 Westridge Rd, New Ulm, MN 56073
  • Fee‑simple interest secured by a long‑term absolute NNN lease extending through August 2038
  • Current annual income of $98,439 with built‑in rent escalations every five years

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Big Box & Wholesale Store Plumbing Service Bakery

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

5,000 VPD
Traffic count
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

102
Businesses Nearby
120k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 43% Shops & Services 19% Apparel 19% Groceries 12%
Walmart Superstores
50,960 visits/mo 0.4 miles
Runnings Apparel
17,972 visits/mo 0.4 miles
Aldi Groceries
14,039 visits/mo 0.1 miles
Holiday Station Store Shops & Services
12,144 visits/mo 0.4 miles
Dollar Tree Shops & Services
8,426 visits/mo 0.2 miles

Demographics for 56073, MN

17,275
Population
7,629
Households
2.3
Avg Household Size
43
Median Age
27%
College-Educated
93%
High-School Grad
200.6 sq mi
ZIP Area
86
Density / Sq Mi
$69,698
Median Household Income
$43,643
Median Earnings
$978
Median Rent
$207,600
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Fee-simple sale of a quick-service Hardee's with an absolute NNN lease through August 2038.
Where is this nnn property located?
The property is located at 1710 Westridge Rd New Ulm, MN.
What is the asking price?
The asking price for this property is $1,406,000.
What are key features of this property?
This property features: 2,966 SF Hardee’s quick‑service restaurant on 1.17 acres at 1710 Westridge Rd, New Ulm, MN 56073; Fee‑simple interest secured by a long‑term absolute NNN lease extending through August 2038; Current annual income of $98,439 with built‑in rent escalations every five years
More about this property
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