1180 S Main St | Kernersville, NC 27284
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1180 S Main St
Kernersville, NC 27284
BURGER KING - KERNERSVILLE, NC · Retail Property For Sale
Investment Highlights
- 16 Years Remaining on Initial 20-Year Absolute NNN Lease with Attractive 10.00% Rental Escalations Every 5 Years!
- Successfully Open & Operating for Years with an Attractive ±7.02% Rent to Sales Ratio (2022 Annualized)!
- Great Visibility on S Main St where Traffic Counts Exceed 31,180 CPD!
- Carrols Restaurant Group/Carrols, LLC Currently Operating 1,029 Burger King Restaurants in 23 States as well as 65 Popeyes Restaurants in 7 States
- Positioned on a Large ±1.85-Acre Lot - Pad Site to a Walmart/Kohl’s Anchored Shopping Center
- 2021 DEMOGRAPHICS: Total Population (5-MI): 71,525 | Average Household Income (1-MI): $84,299
Property Facts
Property Type
Retail
Property Subtype
Building Size
3,448 SF
Building Class
C
Year Built
2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.85 AC
Zoning
HB-S
Parking
41 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- Drive Thru
- Monument Signage
Property Taxes
| Parcel Number | 6875-49-5697 | Improvements Assessment | $992,200 |
| Land Assessment | $1,494,600 | Total Assessment | $2,486,800 |
Property Taxes
Parcel Number
6875-49-5697
Land Assessment
$1,494,600
Improvements Assessment
$992,200
Total Assessment
$2,486,800
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