1311 N Brightleaf Blvd - Fast Food FOR SALE


Smithfield, NC 27577
$4,320,000 USD
312-543-0090
1311 N Brightleaf Blvd, Smithfield, NC for Sale
$4,320,000 USD
Fast Food - FOR SALE
1/5
null | 6.25% Cap Rate

1311 N Brightleaf Blvd
Smithfield, NC 27577


HIGHLIGHTS

  • Absolute Triple Net Leased Asset | Quick Service Restaurant with Drive-Thru
  • New Construction | 15-Year NNN Lease with CPI Rent Increases Every 5 Years
  • Strong Sales Reported | Achieved Percentage Rent in First 6 Months
  • Adjacent to #1 Walmart in 30-Mile Radius
  • High Visibility on Brightleaf Blvd with 23,500+/- VPD

FOR SALE DETAILS

PRICE

$4,320,000 USD

PRICE/SF

$1,565 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Slim Chickens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.26 AC

LAND SF

54,886 SF

ZONING

Commercial

APN/PARCEL ID

14074019A

ASK ABOUT THIS PROPERTY

Andrew MarguliesMarcus & MillichapMore Info
312-543-0090

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Andrew MarguliesMarcus & MillichapMore Info
312-543-0090

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.