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602 E Main St
Benson, NC 27504
Taco Bell · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Part of a 4-Property QSR Portfolio – or Available Separately (contact listing agents for more info)
  • 20-Year, Triple Net (NNN) Lease With Approx. 17 Years Remaining
  • Strong Franchisee, Luihn VantEdge Partners Owns and Operates Over 180 Restaurants Throughout AZ, FL, NC, SC and VA
  • Tenant Has 10 Percent Rent Bump Coming in March of 2024, Bringing Pricing to 4.95% Cap Rate
  • 10 Percent Rent Increases Every Five Years Throughout Base Term and Option Periods
  • Part of the Raleigh-Durham-Chapel Hill Metro Area with Nearly 2.3 Million People

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
3,186 SF
Building Class
C
Year Built/Renovated
1987/2014
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.94 AC
Zoning
SUP
Parking
40 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
37’ on Main St

AMENITIES

  • Freeway Visibility
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01030017
Land Assessment
$786,160
Improvements Assessment
$1,029,150
Total Assessment
$1,815,310
  • Listing ID: 26577033

  • Date on Market: 9/7/2022

  • Last Updated:

  • Address: 602 E Main St, Benson, NC 27504

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