1004 Mebane Oaks Rd - Restaurant FOR SALE
Mebane, NC 27302 |
$2,909,000 USD
503-853-6108
1004 Mebane Oaks Rd
Mebane, NC 27302
HIGHLIGHTS
- Fast growing, high barrier of entry market. The property is located just outside of Burlington, off Highway 40, the main highway connecting Greensboro
- This site will be one of the first Whataburgers being developed in North Carolina. Whataburger chose this market to launch their brand in the state.
- Subject property sits as a pad site to Lowe’s grocery store, and near other major retailers such a McDonald’s, Chick-fil-a and Bojangles.
- Large, 396 unit housing development being built behind the property
- Whataburger has one of the highest average sales of any burger fast food restaurant ($3.9M).
FOR SALE DETAILS
PRICE
$2,909,000 USD
PRICE/SF
$534 USD /SF
CAP RATE
5.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Whataburger
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
CROSS STREETS
Fieldale Rd
LAND ACRES
1.34 AC
LAND SF
58,370 SF
ZONING
B-2
APN/PARCEL ID
164579
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503-853-6108
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503-853-6108
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