Burger King

781 Sutters Creek Blvd, Rocky Mount, North Carolina



Price : $3,006,600
Cap Rate : 5%
NOI : 150330
Building Size : 4,220 Sq Ft
Lot Size (AC) : 1.54
Year Built : 1995
Lease Type : Absolute NNN
Lease Expiration : 2/28/2021
Renewal Options : Three, 5-Year
Rental Increases : 10% Every 5 Years
Status : Available
Property Type : Retail

Investment Highlights

Nearly Adjacent to Regional Mall
High-Impact Location / Pad Site to Target
Attractive Fundamentals - 6.4% Rent to Sales Ratio
Burger King Franchisee with 30 yrs. Experience & 10 Stores
Over $2.0 Million in Annual Gross Sales, Approximately Twice the National Average


This freestanding Burger King is located on a pad in front of a Target store and just off of the ring-road to Golden East Crossing, the areas regional mall and main retail corridor. This Burger King franchisee is generating over $2.0 million dollars in annual gross sales from this site, approximately twice the National average. The franchisee has 30+ years of experience in the Burger King system and operates 10 stores. This investment offers an investor very attractive fundamentals with a low rent to sales ratio of only 6.4%.

This pad site enjoys tremendous exposure to approximately 91,000 cars per day. Area retailers include JC Penny, Sears, Best Buy, Ross, Petco, Walmart Superstore and more. Kohl’s has proposed a new store directly across the street from the subject property. Rocky Mount’s population is approximately 59,000 with a total MSA population of some 150,000 residents. The city has earned the “All American City” designation twice and was included on Money Magazine’s “Best Places to Live” list.

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