Hardee's Quick-Service
1710 Westridge Rd New Ulm, MN 56073
1710 Westridge Rd, New Ulm, MN, 56073
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For Sale
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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 Market140
Property Features for 1710 Westridge Rd
General Information
- Standard status
- Active
- Size
- 2,966 SF
- Lot size
- 1.17 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2013
Listing agency
JLL - Minneapolis, Minnesota
Listed by
Matt Hazelton · License #MN 40449423
Source
Crexi
Added: Mar 3 Updated: Jul 20 at 11:48PM Checked: Jul 21 at 1:01PM
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.
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
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
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