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31776408
31776409

5805 U.S. Highway 301 South, Four Oaks, NC 27524

JL
NC NC 254301
eXp Commercial
Listed by eXp Commercial
$615,000
51 days on market
Updated 33 days ago

Hwy55 Burgers, Shakes & Fries

Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 2,254
Net Rentable (SqFt) 2,254
Cap Rate 6.75%
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 10.1
Lease Expiration 06/30/2032
Remaining Term 6.1
Rent Bumps Yes
Lease Options 5-year renewal option
Year Built 2007
Buildings 1
Acreage 0.560
Zoning Town: B-2H
Investment Type Net Lease
Lease Commencement 06/06/2022
Occupancy Date 06/06/2022
Ground Lease No

Retail | 6.75% CAP | 2,254 SqFt

Marketing description

Hwy55 Burgers, Shakes & Fries at 5805 Highway 301 S, Four Oaks, NC offers investors the opportunity to acquire a high-visibility, freestanding single-tenant net lease asset in one of Johnston County’s fastest-growing corridors.

Positioned along Highway 301, the primary commercial route connecting Smithfield and Benson, the 2,254 SF property benefits from strong traffic exposure, limited nearby QSR competition, and a strategic location less than one mile from the Advanced Manufacturing Training Center.

This NNN investment features minimal landlord responsibilities, approximately 6 years remaining on the lease, a 5-year renewal option, and attractive 3.5% annual rent escalations, delivering durable income growth.

Surrounded by expanding employment centers, new residential development, and major investment tied to the I-95 corridor, the property is well positioned to benefit from Johnston County’s ongoing momentum.

Investment highlights

  • 2,254 SF freestanding building
  • NNN Lease - minimal landlord responsibilities
  • 6.75% Cap Rate
  • 6 Years remaining on the lease.
  • 5-year renewal option
  • 3.5% Annual escalations

Listing Contacts

JL
NC NC 254301
eXp Commercial
Listed by eXp Commercial

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Additional Information

Name
Jacqueline Lippard
License
NC 254301
Brokerage Phone
919-427-5663
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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