301 Premier Blvd - Restaurant FOR SALE


Roanoke Rapids, NC 27870
$2,249,814 USD
612-413-4200
301 Premier Blvd, Roanoke Rapids, NC for Sale
$2,249,814 USD
Restaurant - FOR SALE
1/6
null | 7% Cap Rate

301 Premier Blvd
Roanoke Rapids, NC 27870


OVERVIEW

Absolute NNN Lease - Long-term absolute NNN lease with zero landlord responsibilities. Investors will appreciate the rent bumps, over 17 years of term remaining, and two 10-year options. Solid Placer.ai Ranking - This location ranks within the 99th percentile nationally based on visits according to Placer.ai. Prime Retail Location - Strategically located in the middle of a dense retail area with many national tenants including Walmart, Dollar Tree, Belk, Hibbet Sports, Dunham's, Chick-fil-A, Starbucks, and many others. New Build with Drive-Thru - This Hwy 55 location was built in 2021 and has over an acre lot. The location features a drive-thru, ample parking, and great signage. High-profile, Corner Location - Property is strategically situated on a high-profile corner along Premier Boulevard with quick access to Interstate 95 and Highway 158. I-95 is the main north–south Interstate Highway on the East Coast, running through North Carolina and has traffic counts over 40K in Roanoke Rapids. Regional Hub - Roanoke Rapids is the largest city in the Roanoke Rapids Micropolitan Statistical Area and is an anchor city of the Rocky Mount-Wilson-Roanoke Rapids CSA. The city serves as a regional hub for retail, business, and healthcare.

FOR SALE DETAILS

PRICE

$2,249,814 USD

PRICE/SF

$935 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hwy 55 | Roanoke Rapids, NC

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

RRB4

APN/PARCEL ID

09-20053

ASK ABOUT THIS PROPERTY

Brian BriskyBrisky Net LeaseMore Info
612-413-4200

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

Brian BriskyBrisky Net LeaseMore Info
612-413-4200

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