807 3Rd St Pembroke, NC 28372

This exceptional investment opportunity presents a brand-new, 3,200 square foot Slim Chickens restaurant in Pembroke, NC, built in 2023. Located on approximately 2 acres with ±18,000 vehicles per day, this property benefits from its proximity to the University of North Carolina at Pembroke, boasting over 8,300 students and a 22% enrollment increase in 2023. The property features a 20-year absolute NNN lease with a franchisee tenant, offering zero landlord responsibilities. The lease includes 5% rent bumps every 5 years, providing a strong hedge against inflation. The asking price is $3,916,667, yielding a 6.00% cap rate and a $235,000 annual net operating income (NOI). The lease has four 5-year renewal options, ensuring long-term income stability. This fee-simple ownership offers a compelling investment in a rapidly growing, university-centric market with a proven, established fast-food tenant. The Slim Chickens brand is expanding rapidly, with plans to add 500 more units in the next five years. This presents a rare opportunity to acquire a high-performing asset with significant long-term growth potential.