3466 S Church St - Fast Food FOR SALE


Burlington, NC 27215
$2,805,000 USD
980-498-3293
3466 S Church St, Burlington, NC for Sale
$2,805,000 USD
Fast Food - FOR SALE
1/5
null | 6.3% Cap Rate

3466 S Church St
Burlington, NC 27215


HIGHLIGHTS

  • ATTRACTIVE LEASE FUNDAMENTALS
  • NEW SURROUNDING DEVELOPMENT
  • CREDIT WORTHY TENANT

OVERVIEW

ATTRACTIVE LEASE FUNDAMENTALS - 10% rent increase every 5 years and during options periods - Absolute NNN Lease - No Landlord Responsibilities - Corporate Guaranty PRIME POSITION IN COMMERCIAL CORRIDOR - Located at a lighted intersection of S. Church St (21,500 AADT) and S. Marks Church Rd (10,500 AADT) - Over 2.1MSF of retail space within 1 mile (1.9% vacancy) ALAMANCE CROSSING SHOPPING CENTER - Subject site is located just 1.1 miles to Alamance Crossing Shopping Center - 1MSF Shopping Center - Tenant mix include: Dillard’s, Belk, JCPenney, Barnes and Nobles, Dicks Sporting Goods, and Kohls NEW SURROUNDING DEVELOPMENT - Adjacent to The Pointe St. Marks, a 183 unit apartment complex, delivered in 2022 - Half Mile from Coble Creek Healthcare and Rehabilitation, a 30K SF assisted living community CREDIT WORTHY TENANT - Bojangles has over 10K Employees - Over 800 locations - $1.6B in system-wide sales

FOR SALE DETAILS

PRICE

$2,805,000 USD

PRICE/SF

$935 USD /SF

CAP RATE

6.3%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bojangles

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.38 AC

LAND SF

60,113 SF

ZONING

B2

APN/PARCEL ID

107108

ASK ABOUT THIS PROPERTY

David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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