1006 Hampton Inn Way Jacksonville, NC 28546

This exceptional investment opportunity presents a 3,627 square foot Chicken Salad Chick restaurant in Jacksonville, NC, situated on a 1.47-acre lot. The property boasts a new 10-year absolute NNN lease commencing April 1, 2024, and expiring March 31, 2034, with two 5-year renewal options. The lease includes rent bumps, minimizing landlord responsibilities and providing a strong, corporate-guaranteed income stream. Built in 2017 and currently undergoing renovations (completed in 2024), the restaurant features a drive-thru and outdoor patio, catering to the growing demand for convenient dining. The property enjoys a prime retail location along a major Jacksonville thoroughfare, near Highway 17, offering high visibility and accessibility. This strategic location benefits from proximity to numerous hotels and national retailers, including Target, Walmart, Lowe's, Hobby Lobby, and Best Buy. Jacksonville's robust economy is significantly bolstered by the presence of Camp Lejeune, a major Marine Corps installation, contributing to a strong demographic profile with a population exceeding 183,000 within a 10-mile radius and an average household income over $64,000. The property's current Net Operating Income (NOI) is $108,810, yielding a 5.88% cap rate, and the asking price is $1,850,510 ($510.20 per square foot). This represents a compelling investment in a thriving market with a well-established, rapidly expanding brand. The property is currently 100% occupied. Note that images are representative of the brand and may not reflect the exact property appearance.