1076 Andy Griffith Pkwy Mount Airy, NC 27030-2524
Property profile & analytics
1076 Andy Griffith Pkwy Mount Airy, NC 27030-2524
- Drive through restaurants
- 2,100 SF
- 0.83 lot acres
Property ID
US53-4237895
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Taco Bell / Restaurant / Take-out & Catering
Property Details for 1076 Andy Griffith Pkwy
- Year built
- 2023
- Lot size
- 0.83 lot acres
- Property size
- 2,100 SF
- Zone code
- B4
- Property type
- Drive through restaurants
- APN
- 5021-13-23-1747
- APU
- 502113231747
Description
This exceptional investment opportunity presents a brand-new, 2,233 square foot Taco Bell restaurant in Mount Airy, North Carolina. Situated on a 0.85-acre lot at 1076 N Andy Griffith Pkwy, 27030, this property boasts a 20-year triple-net (NNN) lease with four, five-year renewal options. The lease commenced upon closing and includes a 10% rent increase every five years, ensuring consistent income growth. The property, built in 2023, is currently 100% occupied and features a drive-thru lane. The experienced franchisee, operating over 200 restaurants across five states, ensures strong tenancy. The property's strong location is an outparcel to a Food Lion-anchored center, surrounded by numerous national retailers including Lowe's, Aldi, and many popular restaurants. The asking price is $1,652,175, offering a 5.75% cap rate and a net operating income (NOI) of $95,000. The Mount Airy area, part of a growing metro area of approximately 1.7 million people, benefits from a strong regional economy and diverse employment base, including major corporations in technology, biotechnology, and manufacturing. This is a rare opportunity to acquire a high-performing, long-term net lease investment in a prime location.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Mount Airy
- County
- Surry
- State
- North Carolina
- Longitude
- -80.6261
- Latitude
- 36.5245
- CBSA code
- 34340
- CBSA name
- MOUNT AIRY, NC MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$4,141
$260,320
$489,800
$750,120
-
$260,320
$489,800
$750,120
