306 NC Highway 55 W - Fast Food FOR SALE
Mount Olive, NC 28365 |
$2,000,000 USD
949-207-6396
306 NC Highway 55 W
Mount Olive, NC 28365
HIGHLIGHTS
- New 15-year Absolute NNN lease executed at close of escrow with 2% annual rent increases
- Delight Restaurant Group operates 230+ locations generating $500M+ in annual revenue
- Outparcel to Walmart Supercenter within an established daily-needs retail environment
- Proximity to University of Mount Olive drives consistent recurring consumer demand
- Strategic positioning along NC Highway 55 with ±13,000 VPD for strong visibility
- Six, 5-year renewal options providing long-term investment security
FOR SALE DETAILS
PRICE
$2,000,000 USD
PRICE/SF
$761 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Wendy’s
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2007
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.77 AC
LAND SF
33,541 SF
ZONING
Commercial
APN/PARCEL ID
2573733487
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
949-207-6396
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
949-207-6396
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
