Hardee's Scottsburg, IN
Property Price: $1,725,000
Property Status: Available
Property Type: Other
Cap Rate: 6.50%
Lease Type: Fee Simple
Tenant Type: Single Tenant
Building Size: 3,200
Land Area: 0.72 Acres
Remaining Term: 20 Years
Ryan Barr - Lee & Associates
Subject property is a closed Taco Bell converted into a new Hardee's with all new furniture, furnishings and
equipment. This is a great freeway location off 65 Freeway.
The subject property is located at 1128 W. McClain Avenue, Scottsburg, Scott County,
Indiana. The subject property is composed of two parcels comprising 0.72-acres. The
building is surrounded by an asphalt parking lot, and has two entrances leading from West McClain
Avenue to the south and one entrance leading from Beechwood Avenue to the west.
The building is a single story wood frame structure with an exterior stucco finish.
According to tax records the building was constructed as a fast food restaurant, and is
approximately 3,200 square feet in area. The building was previously used as a Taco Bell
restaurant and has been completed renovated from exterior and interior finish out.
CKE Restaurants, Inc. through its subsidiaries, franchisees and licensees, operates some of the most popular U.S. regional
brands in quick service and fast casual dining, including the Carl’s Jr., Hardee’s, Green Burrito, and Red Burrito, restaurant brands. The CKE system includes more than 3,000 locations in 43 states and in 13 countries.
The Tenant is a major CKE franchisee operating 150 Carl’s Jr. and Hardee's Restaurants in Arizona, Texas, Illinois, Missouri,
Kentucky and Indiana.