309 Huffman Mill Rd.
Burlington, NC 27215
Popeyes
| Offering Summary | |||
|---|---|---|---|
| Price | $3,000,000 | Cap Rate | 5.50% |
| NOI | $165,000.00 | Rentable SF | 2,124 SF |
| Lot Size | 32,326 SF | Year Built | 2023 |
| Lease Type | Absolute NNN | Lease Term | 20 Years |
Investment Highlights
- Brand New 2023 Construction (New Prototype Location)
- 20-Year Absolute NNN Lease w/ 10% Rent Increases Every 5-Years
- Signalized Intersection w/ Traffic Counts Exceeding 49,000 VPD
- Outparcel to Publix Anchored Shopping Center (Holly Hill Mall)
- Average Household Income Exceeds $92,000
- 95,000 Residents within 5-Miles of Subject Property w/ 5.0% Expected Population Growth Over the Next 5-Years
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For More Information, Please Contact:
John R Wertz
Managing Principal
(619) 218-6427
jwertz@wertzrealestate.com
Greg LaBarre
Vice President
(619) 997-1242
glabarre@wertzrealestate.com