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BURGER KING 3602 Charles Blvd

3,770 SF 100% Leased Retail Building Greenville, NC 27858 $2,640,747 CAD ($700 CAD/SF) 6.50% Cap Rate

Retail Space North Carolina Greenville 3602 Charles Blvd, Greenville, NC 27858

Investment Highlights

  • Absolute NNN lease structure with zero landlord responsibilities
  • Long operating history as Burger King has operated at this location for ±17 years
  • The subject property is outparceled to a fully occupied Food Lion Anchored shopping center
  • ±9 years remaining on the lease with four, 5 year options
  • 7.50% increase every 5 years
  • Food Lion is ranked in the 94th percentile nationally at this location

Executive Summary

Broker of Record
Kyle Matthews
License No. C38369 (NC)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
3,770 SF
Building Class
C
Year Built
1993
Price
$2,640,747 CAD
Price Per SF
$700 CAD
Cap Rate
6.50%
NOI
$171,688 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.09
Land Acres
0.98 AC
Zoning
00

Links

1 of 1

Nearby Major Retailers

First Bank NC
First Citizens Bank
Hwy 55 Burgers Shakes & Fries
Food Lion
Walmart Neighborhood Market
Harris Teeter
Starbucks
Snap Fitness 24/7
Truist
CrossFit
(954) 288-3678

  • Listing ID: 33950976

  • Date on Market: 2024-11-21

  • Last Updated:

  • Address: 3602 Charles Blvd, Greenville, NC 27858

The Retail Property at 3602 Charles Blvd, Greenville, NC 27858 is currently available For Sale. Contact Matthews Real Estate Investment Services for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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BURGER KING | 3602 Charles Blvd
(954) 288-3678 x

BURGER KING | 3602 Charles Blvd

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Dylan Schroeder

(954) 288-3678

(954) 288-3678

Connor Knauer

(404) 400-2794

(404) 400-2794

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