Retail Space / North Carolina / Plymouth / 27962 / 764 U.S. 64

764 U.S. 64

Plymouth, NC 27962

Corner Lot Along Major Thoroughfare

Listing ID: 301686

$2,035,000

For Sale

Property Type Retail for Sale : Food Service
Lot Size Acres 0.830
Building Sq Ft 3,142
Building Price per Sq Ft $647.68
Land Sq Ft 36,154
Land Price per Sq Ft $56.29
NOI $127,217
CAP Rate % 6.25

Property Highlights

• Absolute NNN Lease with Zero Landlord Responsibilities

• Largest Burger King Franchisee - 1,000+ Units

• Located Along Major Thoroughfare

• Corner Location with Excellent Visibility & Signage

• Long-term, Established Tenant

• Publicly Held Company

Description

Brisky Net Lease is pleased to offer this well-located Burger King in Plymouth, NC, which is located in the inner banks region of North Carolina. This NNN Lease has zero landlord responsibilities and 5 years of term remaining. Investors will appreciate the opportunity to invest in a popular, highly recognizable national burger chain. This Burger King has a great corner location with excellent visibility & over 14K VPD on U.S. Highway 64.
As one of the world’s largest burger brands and home of the Whopper, Burger King has 18,700+ locations in more than 100 countries. The majority of Burger King locations are operated by franchisees, with Carrols Restaurant Group being the largest with over 1,000 locations including this location in Plymouth, NC.
Plymouth is located on the Roanoke River in the Inner Banks of northeastern North Carolina in Washington County. U.S. Highway 64 connects Plymouth to North Carolina’s Outer Banks and to Interstate 95 and the Research Triangle, while the Roanoke River connects Plymouth to the Albemarle Sound. Plymouth is known for its ecotourism and large local black bear population. As a Main Street America Affiliate, the town is part of a national network of more than 1,200 neighborhoods and communities that are committed to creating high-quality places and to building stronger communities through preservation-based economic development.

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Listing Demographics for 764 U.S. 64 Plymouth, NC 27962

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		825	3,762	5,629
Population Median Age		51	42	42
Population by Age	0-9 Yrs	26 (3%)	350 (9%)	520 (9%)
	10-19 Yrs	49 (5%)	565 (15%)	897 (15%)
	20-29 Yrs	103 (12%)	490 (13%)	745 (13%)
	30-39 Yrs	72 (8%)	334 (8%)	478 (8%)
	40-49 Yrs	141 (17%)	404 (10%)	565 (10%)
	50-59 Yrs	92 (11%)	530 (14%)	794 (14%)
	60-69 Yrs	129 (15%)	564 (14%)	848 (15%)
	70+ Yrs	213 (25%)	525 (13%)	781 (13%)

Median HH Income		$19,641	$20,978	$23,026
Total Household Income	< 24K	292 (60%)	1068 (58%)	1409 (53%)
	25-49K	48 (9%)	264 (14%)	469 (17%)
	50-74K	94 (19%)	282 (15%)	404 (15%)
	75-99K	30 (6%)	155 (8%)	216 (8%)
	100-199K	11 (2%)	32 (1%)	92 (3%)
	200K+	8 (1%)	36 (1%)	43 (1%)

Highest Education Level	No Diploma	158	544	772
	Diploma or GED	224	872	1300
	Some College	240	722	1032
	Assoc. Degree	18	190	306
	Bachelors Degree	37	179	289
	Higher Degree	4	34	83

Total Housing Units		654	2,281	3,252
--Owner-Occupied		256	792	1,303
--Renter-Occupied		227	1,045	1,329
Owner-Occupied Values	< 100K	191	633	988
	100-199K	54	121	214
	200-299K	0	10	59
	300-399K	12	26	38
	400-499K	0	0	0
	500K+	0	1	4

Total Working Age Population		769	3,049	4,571
In Work Force		313	1,381	2,113
Not In Work Force		456	1,668	2,458
Workforce Employed		308	1,269	1,936
Workforce Unemployed		2	52	115
Civlian Workforce		310	1,322	2,051
Military Workforce		3	59	62

Total Households		484	1,836	2,632
Family Households		127	730	1,146
Non-Family Households		357	1,106	1,486
Married Couple		75	334	573
Other Family		52	396	572
Married w/Child		3	82	137
Single Male w/Child		3	21	34
Single Female w/Child		38	281	387

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
North Carolina	8,049,313	+18	9,535,483	+11	10,630,691	+11	11,836,070
Washington County	13,723	-4	13,228	-9	11,987	-7	11,159
Bertie County	19,773	+8	21,282	-8	19,601	0	19,601
Martin County	25,593	-4	24,505	-6	23,039	-5	21,914

Total Working Age Population:

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While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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