3730 Patrick Way - Fast Food FOR SALE
Elizabeth City, NC 27909 |
$2,965,000 USD
704-714-2363
3730 Patrick Way
Elizabeth City, NC 27909
HIGHLIGHTS
- 2024 brand new construction | Fresh 15-year lease
- Absolute net lease | Zero landlord responsibilities
- Corporate guaranteed lease | Chipotle Mexican Grill, Inc. | 3,200 locations across North America & Europe
- Close proximity to a strong performing Walmart Supercenter | It ranks in the 89th percentile across the state of NC according to Placer.ai
- Regional consumer draw to the immediate retail corridor
- Explosive population growth within a 1-mile radius | 43.62% from ’10-‘24
FOR SALE DETAILS
PRICE
$2,965,000 USD
PRICE/SF
$1,275 USD /SF
CAP RATE
5.4%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Absolute Net Lease | Chipotle
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
27
LAND DETAILS
LAND ACRES
0.77 AC
LAND SF
33,541 SF
ZONING
-
APN/PARCEL ID
7993867609
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704-714-2363
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704-714-2363
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