Captain D’s
- $1,300,000
Overview
- Captain D’s
- $1,300,000
- 5.20%
- 2 Years
- 1.5% Annually
- 12/12/2016
- Abs. NNN
- 5/31/2027
- 2,705
- 1980
- 0.59
- Corporate
- None
Description
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.
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- Privately 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)
- Absolute 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.
Property Documents
Captain-D_NC_Salisbury-OM
