Property summary
This exceptional investment opportunity presents a fee-simple ownership of a Hardee's restaurant located at 195 Walmart Cir, Sandersville, GA 31082. The property boasts a 3,037 square foot building situated on a 0.88-acre lot, featuring 43 parking spaces. Built in 2015, this single-tenant, absolute NNN net lease property offers a remaining lease term of approximately 10.6 years, expiring June 30, 2035, with four 5-year renewal options. The current lease commenced June 12, 2015, and includes fixed 10% rent increases every five years, the next increase effective January 2026. The property benefits from a strong tenant, ARC Burger, a franchisee operating approximately 81 Hardee's locations, and part of High Bluff Capital Partners, which also operates other restaurant brands. The property's strategic location on an outparcel to a Walmart Supercenter, at a signalized intersection on Georgia State Route 15, ensures high visibility and strong traffic flow. Nearby national tenants include TitleMax, Murphy USA, Dollar Tree, Domino's, Tractor Supply Co, Huddle House, Dairy Queen, and O'Reilly Auto Parts. The property features a drive-thru and pylon signage. The asking price is $1,238,585, representing a price per square foot of $407.83 and a 7.00% cap rate, with a current NOI of $86,701. The property's parcel number is 095-049D 01. This investment offers a compelling combination of a long-term lease, strong tenant, and a prime location in a growing market. The tenant is responsible for all property taxes, insurance, repairs, maintenance, utilities, HVAC, roof, structure, parking lot, and common area maintenance.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant Take-out & Catering
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
COMMERCIAL · Sandersville, GAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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