Hardee's

230 Nissley St, Middletown, PA 17057

1 / 8

For Sale

Description

ABSOLUTE NNN LEASE STRUCTURE
Tenant operates under an absolute NNN lease with no landlord responsibilities whatsoever, insulating a buyer from potential increases in capital expenditures and operating expenses.
DURABLE CASH FLOW AND FIXED RENT INCREASES
With approximately 9 years remaining on the lease, and 10% rent increases every 5 years, this provides a future owner with additional cash flow and return on investment, along with a protection against inflation.
STRATEGIC LOCATION
Located at an outparcel/pad site to Westport Shopping Center, Hardee’s benefits from prominent visibility, excellent ingress and egress, strong traffic volumes, and a local trade area that provides demand and retail/residential synergy. Hardee’s is also located near Harrisburg International Airport (1,623,324 passengers in 2025) and Penn State Harrisburg (4,442 students).
PROXIMITY TO A MAJOR ECONOMIC CATALYST
Located just miles from the Crane Clean Energy Center, the former Three Mile Island Unit 1, where Constellation Energy is investing ~$1.6 billion to restart the plant under a 20 year Microsoft power purchase agreement. Backed by a $1 billion federal DOE loan, the restart is expected to bring 600+ jobs and significant long term investment to the trade area.
PROVEN, TIME TESTED LOCATION
Hardee's has operated continuously at this site for over 48 years since the building was constructed in 1978, a nearly five-decade track record that speaks to durable, location-specific demand.
REMODEL AND EARLY LEASE EXTENSION BY TENANT
In 2026 the tenant exercised a renewal option early and completed a remodel of the store. This is a strong signal of healthy unit level economics and long term commitment to the location.

Other

CREXi Listing

Pricing

Financials

Price: $1,920,000
Cap Rate: 6.25%
NOI: $120,000

Property Details

Specs

Year Built: 1978
Property Type: Retail

Description

ABSOLUTE NNN LEASE STRUCTURE
Tenant operates under an absolute NNN lease with no landlord responsibilities whatsoever, insulating a buyer from potential increases in capital expenditures and operating expenses.
DURABLE CASH FLOW AND FIXED RENT INCREASES
With approximately 9 years remaining on the lease, and 10% rent increases every 5 years, this provides a future owner with additional cash flow and return on investment, along with a protection against inflation.
STRATEGIC LOCATION
Located at an outparcel/pad site to Westport Shopping Center, Hardee’s benefits from prominent visibility, excellent ingress and egress, strong traffic volumes, and a local trade area that provides demand and retail/residential synergy. Hardee’s is also located near Harrisburg International Airport (1,623,324 passengers in 2025) and Penn State Harrisburg (4,442 students).
PROXIMITY TO A MAJOR ECONOMIC CATALYST
Located just miles from the Crane Clean Energy Center, the former Three Mile Island Unit 1, where Constellation Energy is investing ~$1.6 billion to restart the plant under a 20 year Microsoft power purchase agreement. Backed by a $1 billion federal DOE loan, the restart is expected to bring 600+ jobs and significant long term investment to the trade area.
PROVEN, TIME TESTED LOCATION
Hardee's has operated continuously at this site for over 48 years since the building was constructed in 1978, a nearly five-decade track record that speaks to durable, location-specific demand.
REMODEL AND EARLY LEASE EXTENSION BY TENANT
In 2026 the tenant exercised a renewal option early and completed a remodel of the store. This is a strong signal of healthy unit level economics and long term commitment to the location.