Hardee's NNN Investment
For Sale
Contact for pricing
Pending
842 W Morton Ave, Jacksonville, IL 62650
Single-tenant Hardee's NNN property with long-term lease and high visibility.
Property Size5,169 SF
Lot Size2.96 Acres
Days on Market194
Property Features for 842 W Morton Ave
General Information
Standard status
Pending
Size
5,169 SF
Lot size
2.96 Acres
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$125,905
Building Details
Year Built
1997
Year Renovated
2024
Tenancy
Single
Listing Agency:
Bang Realty
(888) 737-2264
Listed By:
Brian Brockman · License #BRK.200900214
Source:
Crexi
Added: Jan 29
Changed: Aug 8
Last Checked: Aug 11 at 1:37PM
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 Bang Realty
Investment Insights
Based on property information with market context.
This single-tenant NNN property in Jacksonville, Illinois, presents a strong investment opportunity. The property is leased to Hardee’s with approximately 13.8 years remaining on the lease. Operated by Superior Star LLC, a Hardee’s franchisee with over 93 stores nationwide, the property has a cap rate of 5.85%. The building is approximately 5,169 square feet and sits on a 2.96-acre lot. The store reports sales exceeding $2 million. Located on W Morton Ave, the property benefits from high visibility and significant traffic flow. The surrounding area includes other retailers. The property generates a net operating income (NOI) of $125,905 per year.
Key Highlights
- Long‑term lease of ±13.8 years remaining provides stable investment horizon.
- Strong cap rate of 5.85% offers attractive return on investment.**
- Operated by Superior Star LLC, a premier Hardee’s franchisee with over 93 stores nationwide, ensuring experienced management.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
520
Businesses Nearby
Explore this area
Business Placement
Demographics for 62650, IL
24,891
Population
11,213
Households
2.2
Avg Household Size
42
Median Age
26%
College-Educated
89%
High-School Grad
197.8 sq mi
ZIP Area
126
Density / Sq Mi
$64,137
Median Household Income
$40,101
Median Earnings
$705
Median Rent
$142,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Single-tenant Hardee's NNN property with long-term lease and high visibility.
Where is this drive through restaurant located?
The property is located at 842 W Morton Ave Jacksonville, IL.
What is the asking price?
The asking price for this property is $2,152,000.
What are key features of this property?
This property features: Long‑term lease of ±13.8 years remaining provides stable investment horizon.; Strong cap rate of 5.85% offers attractive return on investment.**; Operated by Superior Star LLC, a premier Hardee’s franchisee with over 93 stores nationwide, ensuring experienced management.
