725 South Main Street, Rolesville, NC 27571
Newly constructed, single-tenant restaurant asset with a corporate-backed lease and no landlord responsibilities.
Property Features for 725 South Main Street
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Based on property information with market context.
The initial lease term is 15 years, with four additional five-year renewal options. Contractual rent increases of 10% occur every five years during the initial term and each renewal period. The property fronts South Main Street with reported traffic of 23,000 VPD and is approximately 12 miles from downtown Raleigh. It is situated within the Raleigh-Cary MSA and the Research Triangle region.
Key Highlights
- Absolute NNN structure with zero landlord responsibilities
- 100% leased to Chipotle Mexican Grill, Inc. under a corporate guarantee
- 15‑year initial lease plus four five‑year renewal options
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Trade Area within ½ mile
Demographics for 27571, NC
Market
Vacancy Rate% for Retail in South region