567 Ruin Creek Rd
Henderson, NC 27536
BURGER KING - EXXON · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Largest Operator in System – Carrols Restaurant Group (NASDAQ: TAST) is the largest operator in the Burger King system
- Absolute NNN Lease – The tenant is responsible for all expenses providing an investor with passive income and no landlord responsibilities.
- Driving Distance to Raleigh, NC – Raleigh is the second largest city in North Carolina and boasts one of the fastest growth rates of 3.4% per year.
- Ideal 1031 Exchange Candidate – Burger King/Exxon has ±15 years remaining on the base term of their lease but have the option to stay at this location
- Strategic Location – The Burger King/Exxon is positioned next to I-85, which is one of North Carolina’s main interstates
- across the street from the property is the Maria Parham Health Hospital, which is regarded as the region’s largest and most comprehensive emergency
PROPERTY FACTS
Property Type
Retail
Property Subtype
Service Station
Building Size
10,570 SF
Building Class
B
Year Built
1988
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
1.22 AC
Zoning
HB2A
PROPERTY TAXES
| Parcel Number | 0213-03003 | Improvements Assessment | $0 |
| Land Assessment | $582,487 | Total Assessment | $582,487 |
