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Hardee's Drive-Through Restaurant
For Sale
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809 Albany Pl SE, Orange City, IA 51041

Absolute NNN lease structure with no landlord responsibilities and an established franchise operator.

Property SizeContact for details
Days on Market143

Property Features for 809 Albany Pl SE

General Information

Standard status Active
Property subtype Retail
Listing Agency: NX3 Commercial Group
Listed By: Luke Thomson · License #SL3562663
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 6:34PM

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 NX3 Commercial Group

Investment Insights

Based on property information with market context.

Hardee's drive-through restaurant at 809 Albany Pl SE in Orange City, Iowa, has operated under the Hardee's name for 10+ years. The property is offered with an absolute NNN lease, leaving no landlord responsibilities under the stated lease structure.

The lease has 13+ years remaining in its base term and includes rental increases along with 4- and 5-year option periods. Operations are supported by a franchise guarantee from STARCORP, a 150+ unit franchisee with locations across Texas, Arizona, and the Midwest. The property sits directly across from Northwestern College’s campus.

Key Highlights

  • 13+ years of lease term remaining in the base term
  • Absolute NNN lease with no landlord responsibilities
  • Franchise guarantee from STARCORP, a 150+ unit operator

Property Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply Restaurant Dental Office Furniture & Home Goods

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

378
Businesses Nearby

Demographics for 51041, IA

7,195
Population
2,565
Households
2.8
Avg Household Size
32
Median Age
41%
College-Educated
97%
High-School Grad
70.9 sq mi
ZIP Area
101
Density / Sq Mi
$84,115
Median Household Income
$35,613
Median Earnings
$808
Median Rent
$253,600
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?
Drive through restaurant - Absolute NNN lease structure with no landlord responsibilities and an established franchise operator.
Where is this drive through restaurant located?
The property is located at 809 Albany Pl SE Orange City, IA.
What are key features of this property?
This property features: 13+ years of lease term remaining in the base term; Absolute NNN lease with no landlord responsibilities; Franchise guarantee from STARCORP, a 150+ unit operator
More about this property
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