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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1544 Nc-56 Creedmoor, NC 27522

2,599 SF 1 ac lot Built 1984
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1984
Total area 2,599 SF
Lot 1 ac (43,560 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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