Retail

Chick-fil-A

King (Winston-Salem), North Carolina

Asking Price

$6,190,000

Cap Rate

4.25%

Icons-_NOI-Square

NOI

$263,081

Year Built

2023

Square Feet

4,985 SF

Land Area

2.75 AC

Expenses

Abs. NNN

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

Joe Habighorst

Lead Investment Analyst
jhabighorst@northmarq.com

In Association With:
Jason Long

NC License #338124

Northmarq

6120 S Yale Ave, Suite 300
Tulsa, OK 74136

northmarq.com