1180 S Main St - Fast Food FOR SALE
Kernersville, NC 27284 |
1180 S Main St
Kernersville, NC 27284
HIGHLIGHTS
- 16 Years Remaining on Initial 20-Year Absolute NNN Lease with Attractive 10.00% Rental Escalations Every 5 Years!
- Carrols Restaurant Group/Carrols, LLC Currently Operating 1,029 Burger King Restaurants in 23 States as well as 65 Popeyes Restaurants in 7 States
- Successfully Open & Operating for Years with an Attractive ±7.02% Rent to Sales Ratio (2022 Annualized)!
- Positioned on a Large ±1.85-Acre Lot - Pad Site to a Walmart/Kohl’s Anchored Shopping Center
- Great Visibility on S Main St where Traffic Counts Exceed 31,180 CPD!
- 2021 DEMOGRAPHICS: Total Population (5-MI): 71,525 | Average Household Income (1-MI): $84,299
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
BURGER KING - KERNERSVILLE, NC
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Freestanding
TOTAL BUILDING SIZE
3448
STORIES
1
YEAR BUILT
2018
SPRINKLERS
-
PARKING SPACES
41
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
6875-49-5697
