Property summary
This exceptional investment opportunity presents a portfolio of four Hardee's/Carl's Jr. restaurants located across Pennsylvania and Maryland. The portfolio comprises four single-story buildings, totaling 2,292 to 3,627 square feet each, situated on sizable lots ranging from 0.72 to 1.67 acres. Built between 1986 and 2017, with renovations completed in 2012, 2017, and 2024, these properties boast 100% occupancy under absolute NNN leases with a franchisee tenant. The leases feature a remaining term of 7.5 years with 4 x 5-year renewal options, extending to August 1, 2032. Each location benefits from high visibility in strategic areas with significant daily traffic counts, ranging from over 10,000 to 62,000 vehicles per day. The portfolio generates a substantial net operating income (NOI) of $526,996, representing a compelling 7.00% cap rate on an asking price of $7,528,521. The properties are strategically located in Carlisle, Chambersburg, and Greencastle, Pennsylvania, and Hancock, Maryland, serving affluent communities with strong average household incomes and projected population growth. The large lot sizes offer potential for future redevelopment. This portfolio offers a diversified, passive investment opportunity with minimal landlord responsibilities and significant long-term growth potential. The established Hardee's brand ensures tenant stability and consistent customer traffic. This is a rare opportunity to acquire a well-performing, geographically diversified portfolio of fast-food properties with a strong track record and significant upside.
Property profile
VerifiedCap rate & NOI
Current use
-
Restaurant Take-out & Catering
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight