1544 Nc-56 Creedmoor, NC 27522
This exceptional investment opportunity presents a freestanding KFC/Taco Bell restaurant located at 1544 NC-56 in Creedmoor, North Carolina, 27522. The property, built in 1984 and renovated in 2017, sits on a one-acre lot and boasts 2,599 square feet of net rentable space. Currently operating under a single-tenant, absolute NNN lease with Taco Bell and KFC, the lease commenced March 20, 2019, and extends to March 31, 2039, providing a substantial remaining lease term of 14.4 years. The property enjoys 100% occupancy and generates a strong net operating income (NOI) of $114,938, resulting in a compelling 4.25% cap rate. The lease includes a beneficial rent increase provision of 10% every five years, ensuring consistent income growth. This strategically positioned property benefits from high visibility and traffic counts due to its location on a major east-west arterial thoroughfare with exposure from Interstate 85. The asking price is $2,704,423. This is a rare opportunity to acquire a well-established, passively managed, and high-performing QSR investment with significant long-term potential.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.