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    Hardee’s Absolute NNN Restaurant
    Updated: Apr 11
    Hardee’s Absolute NNN Restaurant

    401 W Dearborn St, Havana, IL 62644

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    4,164 sqft 1.37 AC lot
    4,164 SF Hardee’s on 1.37 acres in Havana, IL, on an absolute NNN lease with 4+5‑year renewal options
    Lease has ±3.3 years of primary term remaining with rent increases of the lesser of 1.75% or 1.25x CPI
    Tenant is TriStar Ventures, LLC, with a lease guaranty from LBE Holdings, LLC and other named guarantors
    Built in 1986 and operated as a Hardee’s for 37 years
    Two hard corners with signalized intersections near West Dearborn St (6,750 VPD), S Water St (3,350 VPD), and S Schrader St (4,500 VPD)
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