3730 Patrick Way - Fast Food FOR SALE
Elizabeth City, NC 27909 |
$2,912,000 USD
704-714-2363
3730 Patrick Way
Elizabeth City, NC 27909
HIGHLIGHTS
- 2024 new construction | New 15-year lease
- Absolute net lease | Zero landlord responsibilities
- Corporate guaranteed lease | Chipotle Mexican Grill, Inc. | 3,770 locations across North America & Europe
- Dominant retail corridor for the region
- Explosive population growth within a 1-mile radius | 82.58% from 2010-2025
- Less than 5 minutes from new Sentara Albemarle Medical Center under construction | 88 beds & 60,000 SF
FOR SALE DETAILS
PRICE
$2,912,000 USD
PRICE/SF
$1,252 USD /SF
CAP RATE
5.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Chipotle | Absolute Net Lease
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
39
LAND DETAILS
LAND ACRES
0.76 AC
LAND SF
33,106 SF
ZONING
Commercial
APN/PARCEL ID
7993867609
ASK ABOUT THIS PROPERTY
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704-714-2363
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704-714-2363
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