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907 Venture Dr
Smithfield, NC 27577
Bob Evans · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
5,264 SF
Building Class
B
Year Built
2003
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
2.07 AC
Zoning
SUP
Parking
68 Spaces (12.92 Spaces per 1,000 SF Leased)
Frontage
76’ on Industrial Park Dr

AMENITIES

  • 24 Hour Access

ABOUT 907 VENTURE DR , SMITHFIELD, NC 27577

Marcus & Millichap is pleased to present the exclusive listing for a Bob Evans Property. The property consists of approximately 5,264 square feet of building space and is situated on approximately 2.07 acres of land. The property will be subject to a 20-year triple net (NNN) lease. The lease will commence on April 28, 2017. The base rent is $84,508 with two percent annual rental increases. The increases will continue through the six, five-year tenant renewal options. The tenant will be a newly formed entity consisting of all Bob Evans Restaurants. This Bob Evans is located at 907 Venture Drive in Smithfield, North Carolina. Smithfield is a town in Johnston County, North Carolina. It is the county seat of Johnston County and is located in North Carolina' s famed Research Triangle. The town is approximately 25 miles from downtown Raleigh. There are approximately 14,786 people within a three-mile radius of this property and more than 27,500 within a five-mile radius. The property is situated off of Outlet Center Drive, which has average daily traffic counts of 11,666 vehicles. The Bob Evans is also located nearby Interstate-95. This portion of Interstate-95 experiences average daily traffic counts of more than 38,295 vehicles.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15L11008M
Land Assessment
$1,167,540
Improvements Assessment
$489,160
Total Assessment
$1,656,700
  • Listing ID: 6552875

  • Date on Market: 3/31/2017

  • Last Updated:

  • Address: 907 Venture Dr, Smithfield, NC 27577

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