Hardee’s

  • $2,730,452
2740 Allison Ln - Jeffersonville, IN 47130
For Sale
2740 Allison Ln - Jeffersonville, IN 47130
  • $2,730,452

Property Highlights

  • Long-term NNN lease with Hardee’s | ±17.5 years remaining with no landlord responsibility
  • Lease is backed by Hardee’s premier operator StarCorp LLC and their entire ±150 units | StarCorp has proven to be Hardee’s fastest growing franchisee.
  • Hedge Against Inflation | 10% rental increases every 5 years
  • Strategic Retail Location | Anchored by Meijer Grocer & Kohl’s 
  • The metro area is ranked 13th in the nation in percentage of population eating fast food six or more times per month.
  • The Louisville MSA is a rapidly growing destination for world-class companies and employees. The MSA is currently home to over 1.3 million residents.
  • Jeffersonville is home to the United States Bureau of the Census’s National Processing Center, which is the bureau’s primary center for collecting, capturing, and delivering data.
  • Spending at restaurants has advanced 11.4 percent over the past 12 months. This indicates individuals and families are dining out and socializing much like before the pandemic. 
  • Nearby national tenants: McDonald’s, ALDI, Goodwill, Chase Bank, Walgreens, PNC Bank, and Valvoline

Broker of Record
Josh Caruana – Lic # RB14034355

Details

  • Price: $2,730,452
  • Year Built: 2009
  • Property Type: Single Tenant
  • Property Status: For Sale

Additional Details

  • Price/SF: $762.70
  • Cap Rate: 4.75%
  • Rentable Area: 3,580 SF
  • Lot Size: 1.28 AC
  • Parking Ratio: 7.54 / 1,000 SF
  • Zoning: C-2
  • Cross Streets: Allison Ln & E 10th St
  • Address 2740 Allison Ln
  • City Jeffersonville
  • State/county Indiana
  • Zip/Postal Code 47130

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