301 Premier Blvd Roanoke Rapids, NC 27870

This exceptional investment opportunity presents a 2,405 square foot Quick Service Restaurant/Fast Food property located at 301 Premier Blvd, Roanoke Rapids, NC 27870. The property, built in 2021, sits on a 1.1-acre lot and boasts a prominent corner location with excellent visibility and accessibility from Premier Boulevard, offering easy access to Interstate 95 and Highway 158. The absolute NNN lease, with zero landlord responsibilities, features a remaining term of 17 years, plus two 10-year options, ensuring long-term, stable income. The current annual Net Operating Income (NOI) is $157,487, representing a 7.00% cap rate on the asking price of $2,249,814. Rent bumps are included in the lease agreement. The property benefits from a high-traffic location within a dense retail area anchored by national tenants such as Walmart, Dollar Tree, Belk, Hibbet Sports, Dunham's, Chick-fil-A, and Starbucks. The building includes a drive-thru, ample parking, and excellent signage. This location ranks within the 99th percentile nationally based on visits, according to Placer.ai. Roanoke Rapids serves as a regional hub for retail, business, and healthcare within the Roanoke Rapids Micropolitan Statistical Area and the Rocky Mount-Wilson-Roanoke Rapids CSA. I-95 traffic counts exceed 40,000 vehicles daily in Roanoke Rapids. This is a truly exceptional opportunity for a passive income investment with significant long-term potential.