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Pizza Hut 645 Madison Rd

2,846 SF Retail Building Mocksville, NC 27028 $800,000 ($281/SF) 6% Cap Rate

Investment Highlights

  • New 17-Year Lease | Tasty Hut, LLC - Strong Operator | Annual Rental Increases | Options to Extend
  • Near Intersection of Interstate 40 & U.S. Hwy 601 (56,000 VPD) | Dense Retail Corridor | Excellent Visibility & Access
  • Absolute NNN | Zero Landlord Responsibilities | Fee-Simple Ownership
  • Demographics 5-Mile Trade Area

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,846 SF
Building Class
B
Year Built/Renovated
1988/1998
Price
$800,000
Price Per SF
$281
Cap Rate
6%
NOI
$48,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.04 AC
Zoning
HC - Highway Commercial
Parking
44 Spaces (15.46 Spaces per 1,000 SF Leased)
Frontage
143 FT on Madison Road

Amenities

  • Pylon Sign
  • Restaurant
  • Signage

Nearby Major Retailers

Truist
Waffle House
Sagebrush Steakhouse
Rent-A-Center
East Coast Wings & Grill
Woodforest National Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
H4-000-00-010-01
Land Assessment
$362,420
Improvements Assessment
$307,180
Total Assessment
$669,600
  • Listing ID: 34425597

  • Date on Market: 1/9/2025

  • Last Updated:

  • Address: 645 Madison Rd, Mocksville, NC 27028

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