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486 NC-16
Taylorsville, NC 28681

$1,963,636

Freestanding For Sale  •  2,300 Sq Ft

Property Details

  • Property Type Freestanding
  • Total Building Size 2,300 Sq Ft
  • Lot Size 0.86 ac
  • Building Class B
  • Year Built 2019
  • Cap Rate 5.50 %
  • Tenancy Single
  • Zoning B-2
0 Transit Score
39 Walk Score

Description

Steve Horvath and Ransome Foose of Berkeley Capital Advisors are pleased to present for sale, Arby's in Taylorsville, NC. We welcome your review of this attractive investment.

Highlights

20 Year Sale Leaseback | Rent Commencement Expected January 2020
Signalized Corner Intersection | NC-16 & 5th Ave SW | Combined 12,300 VPD
Proven 56-Unit Operator | Franchisee Founded in 1988
Absolute Net Lease | No Landlord Responsibilities
0.5 Miles From Hwy 64 | Major Travel Corridor for the Region
Rent Increases 5% every 5 Years
Cap Rate: 5.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Arby's 2,300 SF 12/31/2039
Steve Horvath 704-379-1981 Berkeley Capital Advisors, LLC
Steve Horvath 704-379-1981 Berkeley Capital Advisors, LLC