Absolute NNN Investment Property

Retail-Commercial for Sale
Catylist Listing ID: 30646652
Property Subtypes: Restaurant
Building Size (RSF): 1,800 SF
Gross Land Area: 0.41 Acres
Sale Price: $615,000
Unit Price: $341.67 PSF
Property Use Type: Net Leased Investment (NNN)
Building Name: Dominos Pizza
Usable Size (USF): 1,800 SF
Sale Terms: Cash to Seller
Cap Rate: 6.4%
Average Occupancy Rate: 100
Last Updated: 9/30/2020

Overview / Comments

Absolute NNN lease with Zero Landlord responsibilities Personal and Corporate Guarantee. One of the nations top performing fast casual food service restaurants "Dominos Pizza"! This location is operated by one of Domino's largest franchisees with over 50 locations and located in the heart of Barton College in Wilson North Carolina. This location adjoins Barton College's new athletic training facility and Toisnot Village Center. It is also surrounded by single family and multifamily neighborhoods. It is located only 2 miles from the Wilson Sports Complex. 7 Plus years left on original 10 year term with two 5 year renewals.

Attachments & Media

Additional Details

Nearest MSA: Wilson
County: Wilson
Taxing Authority: Wilson
Tax ID/APN: 3722-55-2567.000
Retail Clientele: General
Property Located Between: Ward Boulevard. & Raleigh Road Parkway
Property Visibility: Excellent
Largest Nearby Street: Ward Boulevard
Site Description: This sits on .41 Acres adjacent to Toisnot Village Center and Barton College Athletic Training Facility.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 2017
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Brick and Clad
Parking Type: Surface
Air Conditioning: Engineered System
Zoning Description: Fast Food/Commercial
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: fee simple

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,376 40,709 56,397
Median Age: 31.8 38.33 38.43
Households: 2,278 16,344 22,452


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