9015 S Tryon St - Fast Food FOR SALE


Charlotte, NC 28273
$1,820,000 USD
404-832-1251
9015 S Tryon St, Charlotte, NC for Sale
$1,820,000 USD
Fast Food - FOR SALE
1/4
null | 4.75% Cap Rate

9015 S Tryon St
Charlotte, NC 28273


HIGHLIGHTS

  • Rare Corporate Guaranteed Lease: Less than 6% of locations are Corporately Operated
  • Top Tier Store Metrics: Ranks in Top 94 Percentile in North Carolina
  • Outstanding Upside Opportunity in Rent if Tenant Ever Left
  • Excellent Visibility Along S. Tryon St: 46,500 VPD
  • Positive Same-Store Sales: The Taco Bell Division saw a 9% Increase in Same-Store Sales
  • Yum! Brands Operates Over 61,000 Restaurants Across More than 155 Countries and Territories Under its KFC, Taco Bell, Pizza Hut, and The Habit Burger

OVERVIEW

Franklin Street is pleased to present this Taco Bell ground lease location in Charlotte, North Carolina. Charlotte has experienced a rapid growth in population over that last several decades and now has population of 2.9 million within the metropolitan. Charlotte is a major banking and finance hub (second in the U.S. after New York) and is home to Bank of America and Truist, plus several Fortune 500 firms. Charlotte consistently ranks as one of the fastest growing major cities and in 2025 ranked as the 6th fastest growing major city. The location is located in the densely populated Southern portion of the city just off I-485 on the heavily trafficked South Tryon St. The property is situated with access to a lighted intersection and cross access to the Whitehall development. Due to the ground lease nature, the rent is significantly below what other Taco Bell locations are paying on average that are fee simple. These locations rents nationally are traditionally in the range of $125,000-$200,000 annually. The lease offers a landlord friendly absolute NNN structure, allowing a true passive investment with future upside. The location is a rare corporately operated location that provides strong reliable income stream.

FOR SALE DETAILS

PRICE

$1,820,000 USD

PRICE/SF

$765 USD /SF

CAP RATE

4.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Taco Bell Ground Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2011

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.93 AC

LAND SF

40,511 SF

ZONING

I1

APN/PARCEL ID

203-091-27

ASK ABOUT THIS PROPERTY

Bryan BelkFranklin StreetMore Info
404-832-1251

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Bryan BelkFranklin StreetMore Info
404-832-1251

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