Net-lease investment offering
Captain D’s
707 E Innes St, Salisbury, NC 28144, USA
$1,300,000Asking price
5.20%Capitalization rate
$67,587Net operating income
Upon requestTerm remaining
Offering memorandumComplete investment materials
Request OM
Corporate-guaranteed · Absolute NNNOffering Details
Lease Economics
TenantCaptain D’s
Lease TypeAbsolute Triple Net (NNN)
GuarantyCorporate
Landlord ResponsibilitiesNone
Initial Lease TermAvailable upon request
Term RemainingAvailable upon request
Rent CommencementAvailable upon request
Lease ExpirationAvailable upon request
Rental IncreasesAvailable upon request
Renewal Options1 X 5 Yr
Real Estate
Building Area2,705 SF
Land Area0.59 acres
Year Built1980
Ownership InterestAvailable upon request
Property TypeRestaurant
MarketSalisbury, NC
Address707 E Innes St, Salisbury, NC 28144, USA
Investment Overview
STONECLIFF is pleased to present the exclusive listing for a Captain D’s located at 707 E Innes St, Salisbury, NC 28144. The site consists of roughly 2,705 rentable square feet of retail space on an estimated 0.59-acre parcel of land. This 7-Eleven is subject to a 2-year Absolute Triple Net (NNN) Lease. The annual rent is $67,587 with scheduled increases based upon 4% of Gross Receipts Beyond Break Points.
- 01Privately Held Corporation | Experience & Established Brand | Strong Financials • Centre Partners- $2.5 Billion in investment experience • Operates 530+ locations in 23 states • Corporate-backed lease with 2024 annual revenue of $534 million (USD)
- 02Absolute NNN Lease | Attractive Rent Growth | Easy Connectivity • Zero landlord responsibilities
Well Below Market Rents • Scheduled 1.5% Increases Annually • Close proximity to I-85 (81,500 vehicles per day.
81,500Vehicles per day
23States served
$534 MillionTenant annual revenue