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Taco Bell Absolute NNN Property
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126 Ervintown Road, Richlands, NC 28574

Freestanding restaurant positioned as a Walmart outparcel with a new long-term lease.

Property Size2,159 SF
Lot Size1.87 Acres
Days on Market142

Property Features for 126 Ervintown Road

General Information

Standard status Active
Size 2,159 SF
Lot size 1.87 Acres
Property subtype Retail

Site & Location

Traffic Count 15,000 vehicles/day
Road Access Yes
Listing Agency: CBRE - Atlanta
Listed By: Brian Pfohl · License #GA 349355
Source: Crexi
Added: Apr 10 Changed: Aug 29 Last Checked: Aug 29 at 4:08PM

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 CBRE - Atlanta

Investment Insights

Based on property information with market context.

This 2,159-square-foot freestanding Taco Bell occupies a 1.87-acre site in Richlands, North Carolina. The property is structured for a new 20-year absolute NNN lease at closing, with 7.50% rent increases every 5 years.

The restaurant sits at the intersection of Ervintown Road and Kinston Highway, an area roadway carrying 15,000 VPD. It serves as an outparcel to a Walmart Supercenter and is across Ervintown Road from Liberty Christian Academy. Additional nearby retailers include Piggly Wiggly, Food Lion, Family Dollar, Dollar General, Advance Auto Parts, First Citizens Bank, Domino’s, McDonald’s, Hardee’s, Pizza Hut, and BP.

The property is located 15 miles southeast of Downtown Jacksonville and is part of the Jacksonville MSA, which has a population of 187,136.

Key Highlights

  • 2,159‑square‑foot freestanding Taco Bell
  • 1.87‑acre site in Richlands, NC
  • New 20‑year absolute NNN lease at closing

Property Analytics

Current Use

Taco Bell Restaurant

Suggested Use

Top Pick Garden Center Real Estate Agency Locksmith Law Firm (Bike/Boat/Book/etc) Store Bakery

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

Lease Details

15,000 VPD
Traffic count
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

116
Businesses Nearby

Demographics for 28574, NC

18,689
Population
8,055
Households
2.3
Avg Household Size
32
Median Age
20%
College-Educated
94%
High-School Grad
124.0 sq mi
ZIP Area
151
Density / Sq Mi
$66,555
Median Household Income
$38,605
Median Earnings
$1,123
Median Rent
$204,500
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
NNN property - Freestanding restaurant positioned as a Walmart outparcel with a new long-term lease.
Where is this nnn property located?
The property is located at 126 Ervintown Road Richlands, NC.
What are key features of this property?
This property features: 2,159‑square‑foot freestanding Taco Bell; 1.87‑acre site in Richlands, NC; New 20‑year absolute NNN lease at closing
(404) 504-7893 Call to check price and availability
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