300 Cumberland St | Bogalusa, LA 70427
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This Retail Property is no longer advertised on LoopNet.co.uk.
300 Cumberland St
Bogalusa, LA 70427
Hardee's (Corporate) · Retail Property For Sale
Investment Highlights
- Rare Corporate Guaranteed Lease. CKE Restaurants, Inc. has over 3,800 franchised and company-operated restaurants in 44 states.
- Recent Lease Extension. Hardee’s signed a new 10-year lease, which commenced in March of 2022 leaving approximately 8.5 years remain.ing
- Store Upgrade. Hardee’s recently upgraded the interior and exterior of the site further suggesting a long term commitment to the site.
- Attractive Rent Increases. Lease features 10% rent increases ever 5 years in the primary term and options.
- Extremely Strong Store Sales. Healthy rent to sales ratio with sales significantly above national average.
- 40+ Years Operating History. Hardee’s has exuded their further commitment to the site by extending their lease for an additional 10 years.
PROPERTY FACTS
Property Type
Retail
Property Subtype
- Fast Food
- General Retail Freestanding
- General Retail Restaurant
Building Size
3,570 SF
Building Class
B
Year Built/Renovated
1977/2022
Tenancy
Single
Number of Floors
1
Building FAR
0.13
Lot Size
0.63 AC
Zoning
C
Frontage
100 ft on Cumberland
Amenities
- Corner Lot
- Pylon Sign
- Drive Thru
PROPERTY TAXES
Parcel Number | 844-0021850 | Improvements Assessment | £59,368 |
Land Assessment | £13,770 | Total Assessment | £73,138 |
PROPERTY TAXES
Parcel Number
844-0021850
Land Assessment
£13,770
Improvements Assessment
£59,368
Total Assessment
£73,138
Listing ID: 29826328
Date on Market: 19/10/2023
Last Updated:
Address: 300 Cumberland St, Bogalusa, LA 70427
The Retail Property at 300 Cumberland St, Bogalusa, LA 70427 is no longer being advertised on LoopNet.co.uk. Contact the broker for information on availability.
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