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- LoopNet Team
3725 W Vernon Ave
Kinston, NC 28504
Ruby Tuesday | 20Yr Corp Abs NNN w/ Increases · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 20-Year Lease | 10% Rental Increases
- Major Thoroughfare | Excellent Visibility & Access
- Across from Kinston Pointe (250K SF) | 24-Hour Walmart Supercenter | Retail Corridor
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- NRD Capital | Experienced Owner of Ruby Tuesday, Inc
PROPERTY FACTS
AMENITIES
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- Signage
- Air Conditioning
ABOUT 3725 W VERNON AVE , KINSTON, NC 28504
Ruby Tuesday is located near the signalized, hard corner intersection of W. Vernon Ave. / U.S. Highway 70 and U.S. Highway 258, two major thoroughfares traveling through the town of Kinston. The site is equipped with a large pylon sign, providing excellent visibility and frontage along W. Vernon Ave. The asset is positioned in the heart of a dense retail corridor serving Kinston, and is across from Kinston Pointe, a 250,000 square foot neighborhood center anchored by a 24-hour Walmart Supercenter. Other nearby national/credit tenants include Lowe’s Home Improvement, CitiTrends, Fresenius Kidney Care, and more, further increasing consumer draw to the trade area and promoting crossover shopping to the site.
PROPERTY TAXES
| Parcel Number | 450504539948 | Improvements Assessment | $583,999 |
| Land Assessment | $547,740 | Total Assessment | $1,131,739 |
PROPERTY TAXES
