518 3Rd St Pembroke, NC 28372
Sponsored
High-growth NC QSR, strong tenant.
Property size:
1,992 SFDescription
- Added:
- Dec 11, 2024
- Days on Market:
- 391
Property Features for 518 3Rd St
General Information
- Property type
- Individual retail properties
- Square Feet
- 1,992 SF
- Class
- A
- Lot Size
- 38,333 SF
Building Details
- Year Built
- 2024
HighLights
- 15‑Year Absolute NNN Lease with 10% rent increases every 5 years; no landlord responsibilities.
- Popeyes, a major quick‑service restaurant chain with over 4,100 locations, is the tenant; Q3 2023 sales growth was 16.1% year‑over‑year.
- High‑visibility location on W. 3rd St (15.5k VPD) in a strong retail corridor with 0% vacancy and significant recent absorption.
- Less than a half‑mile from UNC Pembroke, with over 7,500 students and 420+ faculty.
- New construction built to Popeyes' latest prototype.
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Pembroke
- County
- Robeson
- State
- North Carolina
- Longitude
- -79.198826905759
- Latitude
- 34.683173285719
Nearby Comparable
Nearby Similar for Sale
FAQs
What type of property is this?
Individual retail property - High-growth NC QSR, strong tenant.
Where is this individual retail property located?
The property is located at 518 3Rd St Pembroke, NC.
What is the asking price?
The asking price for this property is $2,642,000.
What are key features of this property?
This property features: 15-Year Absolute NNN Lease with 10% rent increases every 5 years; no landlord responsibilities.; Popeyes, a major quick-service restaurant chain with over 4,100 locations, is the tenant; Q3 2023 sales growth was 16.1% year-over-year.; High-visibility location on W. 3rd St (15.5k VPD) in a strong retail corridor with 0% vacancy and significant recent absorption.
