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NNN Restaurant Property
New
For Sale
$1,941,000

1118 Sunset Avenue, Clinton, NC 28328

The lease includes more than 11 years of primary term and four five-year renewal options.

Property Size5,125 SF
Days on Market6

Property Features for 1118 Sunset Avenue

General Information

Standard status Active
Size 5,125 SF
Property subtype Retail
Zoning Highway Commercial (HC)

Additional Details

Tenant in Place Yes

Building Details

Building Size 5,125 SF
Year Built 2008
Stories 1
Listing Agency: SRS Real Estate Partners - Global Company
Listed By: Kyle Fant · License #10401281546
Source: Srsre
Added: Oct 23 Changed: Oct 25 Last Checked: Oct 28 at 4:39AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners - Global Company

Rey
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Investment Insights

Based on property information with market context.

This NNN restaurant property at 1118 Sunset Avenue in Clinton, North Carolina, was built in 2008 and is zoned Highway Commercial (HC). The lease has more than 11 years remaining in its primary term, followed by four renewal options of five years each.

Scheduled rent increases are 10% every five years, including at the start of each renewal option.

Key Highlights

  • More than 11 years remain in the primary lease term
  • Four 5‑year renewal options
  • Scheduled 10% rent increases every 5 years and at the start of each renewal option

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Ruby Tuesday Restaurant

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Auto Repair Shop Electrical Service Storage Facility HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

224
Businesses Nearby
267k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 39% Shops & Services 26% Apparel 19% Home Improvements & Furnishings 11%
Lowe's Home Improvements & Furnishings
29,870 visits/mo 0.4 miles
Bojangles' Famous Chicken 'n Biscuits Dining
26,500 visits/mo 0.4 miles
Murphy USA Shops & Services
19,616 visits/mo 0.5 miles
Belk Apparel
18,249 visits/mo 0.4 miles
Bealls Apparel
15,279 visits/mo 0.3 miles

Demographics for 28328, NC

25,300
Population
10,846
Households
2.3
Avg Household Size
40
Median Age
17%
College-Educated
81%
High-School Grad
245.8 sq mi
ZIP Area
103
Density / Sq Mi
$48,137
Median Household Income
$35,063
Median Earnings
$795
Median Rent
$152,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
NNN property - The lease includes more than 11 years of primary term and four five-year renewal options.
Where is this nnn property located?
The property is located at 1118 Sunset Avenue Clinton, NC.
What is the asking price?
The asking price for this property is $1,941,000.
What are key features of this property?
This property features: More than 11 years remain in the primary lease term; Four 5‑year renewal options; Scheduled 10% rent increases every 5 years and at the start of each renewal option
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