2324 E Oglethorpe Blvd Albany, GA 31705

Listing agency SURMOUNT g***@nnnpro.com Show Phone

Listed by Glen Kunofsky · License #NY 49KU1129178

Source Crexi

Added: Apr 10 Updated: Jul 21 at 2:29PM Checked: Jul 21 at 2:29PM

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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

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FAQs

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