Absolute NNN Hardee’s
For Sale
Contact for pricing
Pending
507 W Center St, Eureka, IL 61530
Absolute NNN restaurant property with established Hardee’s operations and contractual renewal options.
Property Size4,209 SF
Lot Size1.25 Acres
Days on Market141
Property Features for 507 W Center St
General Information
Standard status
Pending
Size
4,209 SF
Lot size
1.25 Acres
Property subtype
Retail
Occupancy
100%
Building Details
Year Built
1987
Buildings
1
Tenancy
Single
Listing Agency:
CBRE Atlanta
(404) 504-7893
Listed By:
Thomas Carr · License #374849
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 3:32AM
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 CBRE Atlanta
Investment Insights
Based on property information with market context.
This 4,209-square-foot restaurant occupies 1.25 acres at 507 W Center St in Eureka, Illinois. Built in 1987, the property has operated as a Hardee’s for 36 years, providing an established restaurant use with a long operating history.
The absolute NNN lease has approximately 9.3 years remaining in its primary term, followed by four 5-year renewal options. Annual rent increases are structured as the lesser of 1.75% or 1.25 times the CPI increase. TriStar Ventures, LLC is the tenant, with lease guaranties from LBE Holdings, LLC, River Valley Restaurants, LLC, and North Star Foods, LLC. Those guarantors are wholly owned subsidiaries of Capstone Restaurant Group, which owns more than 270 locations across 16 states.
The absolute NNN lease has approximately 9.3 years remaining in its primary term, followed by four 5-year renewal options. Annual rent increases are structured as the lesser of 1.75% or 1.25 times the CPI increase. TriStar Ventures, LLC is the tenant, with lease guaranties from LBE Holdings, LLC, River Valley Restaurants, LLC, and North Star Foods, LLC. Those guarantors are wholly owned subsidiaries of Capstone Restaurant Group, which owns more than 270 locations across 16 states.
Key Highlights
- 4,209‑square‑foot Hardee’s restaurant on 1.25 acres
- Absolute NNN lease with approximately 9.3 years remaining in the primary term
- Four 5‑year renewal options included in the lease
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
347
Businesses Nearby
Explore this area
Business Placement
Demographics for 61530, IL
6,698
Population
2,804
Households
2.4
Avg Household Size
38
Median Age
34%
College-Educated
97%
High-School Grad
63.7 sq mi
ZIP Area
105
Density / Sq Mi
$68,631
Median Household Income
$42,050
Median Earnings
$690
Median Rent
$166,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
NNN property - Absolute NNN restaurant property with established Hardee’s operations and contractual renewal options.
Where is this nnn property located?
The property is located at 507 W Center St Eureka, IL.
What are key features of this property?
This property features: 4,209‑square‑foot Hardee’s restaurant on 1.25 acres; Absolute NNN lease with approximately 9.3 years remaining in the primary term; Four 5‑year renewal options included in the lease
