Hardee’s is an American quick service restaurant, operated by CKE Restaurant Holdings, serving up great tasting burgers. Hardee’s have over 1,800 locations in 30 states, primarily located in the Southeastern and Midwestern regions of the United States. CKE is also a subsidiary of the private equity firm, Roark Capital Group. Investors can anticipate a 20-year NNN lease with zero landlord responsibilities, with rent escalations of 10% every 5 years. Hardee’s locations are typically sized at approximately 2,500-3,500 square feet on a plot of land ranging from 0.5-1.5 acres