Hardee’s has acquired a building on South Sherwood Forest Boulevard for its second Baton Rouge restaurant. The fast food chain bought land on O’Neal Lane a few months ago for its first restaurant in the city.
Best Boilers most recently occupied the location on South Sherwood, which Hardee’s has purchased for $665,000, but the structure was originally built for Schlotzsky’s Deli. The sale closed on Dec. 18.
At 2,613 square feet, the building’s purchase price works out to about $255 per square foot. Hank Saurage and Edward Rotenberg represented the seller, Sherwood Pointe LLC. Ken Jacobsmeyer with Saurage Rotenberg Commercial Real Estate brokered the transaction.
The purchaser, Forest Justice BTS LLC, is a preferred developer for Paradigm Investment Group, one of the largest franchisees for Hardee’s.
Paradigm will begin renovations in March, and Hardee’s should occupy the building shortly after the work is complete. I’m looking forward to having a fried bologna and velveeta cheese biscuit as soon as the restaurant opens.
