304 S Main St | Rolesville, NC 27571
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- LoopNet Team
304 S Main St
Rolesville, NC 27571
Sonic Drive-In · Retail Property For Sale
Investment Highlights
- Absolute NNN Lease - Absolutely no Landlord Responsibilities.
- Annual Rental Increases - The Lease calls for 1.75% annual rental increases throughout the 20-year term.
- Affluent, Growing Population - 80,013 (5 Mi) residents growing explosively at 2.85% annually and earning $124,694 each year.
- Newly Extended Long-Term Lease - The tenant recently extended its lease to a new 20-year term.
- Strategic Market Position - Proximity to Food Lion, CVS and Ace Hardware and the Raleigh Central Business District is 10 miles away.
- Healthy Rent-to-Sales - The Tenant benefits from a healthy rent-to-sales.
Property Facts
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,837 SF
Building Class
B
Year Built
2007
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.86 AC
Zoning
CO
Parking
40 Spaces (21.77 Spaces per 1,000 SF Leased)
Frontage
36’ on Main St
Amenities
- Pylon Sign
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 1759.20-80-7165-000 | Improvements Assessment | $587,088 |
| Land Assessment | $374,995 | Total Assessment | $962,083 |
Property Taxes
Parcel Number
1759.20-80-7165-000
Land Assessment
$374,995
Improvements Assessment
$587,088
Total Assessment
$962,083
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