Burger King | Corp Guaranty | ±14-Yr NNN | 2025… — Sale in Tabor City, NC

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Tabor City, NC 28463

Photos

Burger King | Corp Guaranty | ±14-Yr NNN | 2025… — Sale in Tabor City, NC, photo 1 of 3
Burger King | Corp Guaranty | ±14-Yr NNN | 2025… — Sale in Tabor City, NC, photo 2 of 3
Burger King | Corp Guaranty | ±14-Yr NNN | 2025… — Sale in Tabor City, NC, photo 3 of 3

Investment Figures

Cap rate
5.50%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present the opportunity to acquire a freestanding Burger King drive-thru located at 801 US-701 Highway in Tabor City, North Carolina. The ±3,174-square-foot restaurant, originally built in 1996 and fully remodeled in 2025, sits on ±1.33 acres and is secured by a corporate-guaranteed NNN lease with approximately 14 years remaining through August 2040, zero landlord responsibilities, and three (3) five-year renewal options extending potential occupancy through 2055. Annual base rent of $104,545 delivers a 5.50% cap rate, with 1.5% annual rent increases providing consistent, compounding income growth throughout the lease term. The property is positioned along US Highway 701 (±14,179 VPD), the primary commercial corridor connecting Tabor City with Whiteville and the North Carolina-South Carolina border region, with corridor neighbors including Subway, Taco Bell, Dollar General, and IGA. Columbus County is home to approximately 50,357 residents with an average household income of $74,991 and benefits from major employers including International Paper, Columbus Regional Healthcare System, and Columbus County Schools. The Tabor City trade area is experiencing active investment, highlighted by a $2.5 million industrial park expansion with a new shell building and freight rail spur, and a 387.5% surge in residential building permits in 2024. Burger King operates 19,000+ locations in 120+ countries as a flagship brand of Restaurant Brands International (NYSE: QSR), the global QSR powerhouse behind Popeyes, Tim Hortons, and Firehouse Subs. Investment Highlights: • Corporate-Guaranteed NNN Lease with ±14 Years Remaining Through August 2040 • Zero Landlord Responsibilities with Three (3) 5-Year Renewal Options Through 2055 • 1.5% Annual Rent Increases Providing Consistent Compounding Income Growth • Fully Remodeled in 2025 on ±1.33-Acre Parcel Along US Highway 701 (±14,179 VPD) • Positioned Within a Strong Retail Corridor Alongside Subway, Taco

Market Context

This food service in Tabor City, NC is listed for sale. It is offered at an approximate 5.5% capitalization rate, a key benchmark for income-producing food service assets. Compare it against other food service listings for sale in Tabor City, NC — view the full market.

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