907 Waughtown St - Fast Food FOR SALE


Winston-Salem, NC 27107
$956,752 USD
631-903-7137
907 Waughtown St, Winston-Salem, NC for Sale
$956,752 USD
Fast Food - FOR SALE
1/3
null | 6.18% Cap Rate

907 Waughtown St
Winston-Salem, NC 27107


OVERVIEW

CBRE is pleased to present the exclusive listing for the Church’s Chicken located at 907 Waughtown Street, in Winston-Salem, NC. The site consists of 1,482 total square feet of building space and sits on ±0.37 acres of land. The current rent is $59,127. The lease calls for 1.5% annual rental escalations during the 10 year initial term and throughout the Two (2), five-year renewal option periods. This location is a strong historical performing store located across from a Food Lion grocery store and is within one mile of UNC’s School of Arts and two miles from Winston-Salem State University.

FOR SALE DETAILS

PRICE

$956,752 USD

PRICE/SF

$646 USD /SF

CAP RATE

6.18%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Church's Chicken

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

15,915 SF

ZONING

-

APN/PARCEL ID

6834-96-5435

ASK ABOUT THIS PROPERTY

631-903-7137

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631-903-7137

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