Oct
17

Spartanburg Hardee’s Ground Lease Sold

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hardees-glBerkeley Capital Advisors has announce the sale of the Hardee’s Ground Lease in Spartanburg, SC for $1.1MM, satisfying a 1031 tax exchange. Located at 214 Cedar Springs Road, Hardee’s had 11 years remaining on the lease at time of sale. The restaurant was built in 2007 and is situated on a 0.96 acre site. There are more than 61,000 people within a Five-Mile Radius of the property.

Steve Horvath and Ransome Foose exclusively represented the seller in the transaction.

Categories : Spartanburg

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