Retail    

Chick-fil-A

 King (Winston-Salem), North Carolina

Asking Price

$6,190,000

Cap Rate

4.25%

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NOI

$263,081

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Year Built

2023

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Square Feet

4,985 SF

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Land Area

2.75 AC

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Expenses

Abs. NNN

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • Corporate Lease from Best-in-Class Tenant | $21.6B in 2023 Sales
  • Extremely Rare Fee Simple Chick-fil-A | Long 15-Year Term
  • Oversized 2.75-Acre Parcel | High-Quality 2023 Construction | Double Lane Drive-thru
  • No Landlord Responsibilities | 10% Rent Increases Every 5 Years
  • Main Retail Corridor Location | Access from S. Main Street (± 20,892 VPD)
  • Piedmont Triad Metro | 1.7+ Million Residents
  • Limited Competition | 20-Mile Trade Area
  • Strong Demographics | $80,000+ Average 3-Mile Household Income

Exclusively Listed By

Brad Moulder

Senior Vice President
  bmoulder@northmarq.com   

Ryan Butler

Regional Managing Director
  rbutler@northmarq.com   

Anne Perrault

Vice President
  aperrault@northmarq.com   

David Annett

Associate Vice President
  dannett@northmarq.com   

Brandon Sherrill

Senior Associate
  bsherrill@northmarq.com   

Jacob Ryan

Senior Associate
  jryan@northmarq.com   

Joe Habighorst

Lead Investment Analyst
  jhabighorst@northmarq.com   

Cole Surrett

Investment Analyst
  csurrett@northmarq.com   

In Association With:
Jason Long

NC License #338124

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