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807 W 3rd St
Pembroke, NC 28372

$3,916,667 USD

Fast Food For Sale  •  3,700 SF

Property Details

• Property Type Fast Food
• Total Building Size 3,700 SF
• Lot Size 1.85 AC
• Building Class B
• Year Built 2023
• Cap Rate 6.00 %
• Tenancy Single
• Zoning C

0 Transit Score

51 Walk Score

Highlights

Brand New Construction: With a brand new 20-Year Lease, investors can benefit from an extended period of predictable rental income.

Rental Increases: Slim Chickens offers the advantage of 5% rental increases every 5 years during the base term of the lease, providing a hedge

Zero Landlord Responsibility: Absolute NNN Fee-Simple Ownership. The tenant is responsible for paying the property taxes, insurance, and maintenance

Fast Growing Chain: Slim Chickens is a fast-food chain that operates in the United States, the U.K., and Kuwait. It currently has more than 200 units

Experienced Operators: The owners of Break Bread Ventures are Jonathan Crumpler and Rob Bryan. Jonathan Crumpler serves as the CEO of the company

Strong Real Estate Fundamentals: The property benefits from its proximity to the University of North Carolina at Pembroke.

Property Flyers

Offering Memo

Cap Rate:

6.00 %

Public Transportation

Airport	Drive	Walk	Distance
Fayetteville Regional/Grannis Field	54 min	-	39.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	44
Type:	Surface
Included in Rent:	Yes