Listed by Vakos Real Estate Services
Unpriced
ENTERPRISE RENT-A-CAR | 6.95% CAP | RELOCATION SITE
Details
Property Type Retail
Sub Type Auto Shop
Square Footage 4,300
Units 1
Occupancy 100%
Tenancy Single
Brand/Tenant Enterprise Rent-A-Car
Lease Type NN+
Lease Term 10.1
Lease Expiration 12/31/2034
Remaining Term 8.5
Rent Bumps Yes
Lease Options 3 (5) Year Options
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 12/01/2024
Ground Lease No
RELOCATION STIE - STRONG DEMOGRAPHICS - 6.95% CAP RATE
Marketing description
Vakos Real Estate Services is pleased to exclusively offer for sale a 4,300 SF Enterprise Rent-A-Car property located at 243 S. Church Street in Burlington, NC. This asset presents a rare opportunity to acquire a well-located investment backed by a nationally recognized tenant with strong operational history. With 10 years remaining on a corporate-guaranteed lease, the property offers secure, long-term income and a stable presence in a high-traffic retail corridor.
Investment highlights
Strategic Relocation Site – Selected by the tenant for longterm operational efficiency Prime Retail Corridor
Surrounded by national retailers with high consumer traffic
Corporate Guaranty backed by Enterprise Rent-A-Car's strong financials
Two Auto Bays
Listing Contacts
Listed by Vakos Real Estate Services
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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$132,000.00
$11,000.00/mo
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Zoning
GB CommercialGeneral CommercialGeneral Business District
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View all 190 uses Last updated Feb 9, 2026 For deeper zoning details, reports are available at Zoneomics
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