Retail Restaurant Land & Building

Property for Sale

104 Madison Blvd Roxboro, NC 27573

Price: $ 799,000
Space Size: 2,560 SF
Property Type: Land
Land Area: 0 AC

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Boyd & Associates is pleased to offer this established and profitable Family Style Fast Casual Restaurant for sale. This business earns $100K/yr for absentee owner, and can be kept as-is or converted to different concept.

Current Owner will consider a Sale-Leaseback with significant CAP Rate

Rental income $55k/year with 7%caprate
Please do not approach staff or management in the business. Broker can provide all details.

Excellent Main Street type location.

 

Features:

Exceptional corner location in Downtown Roxboro, this Land and Building are offered for sale, with the possibility of a lease-back to the current successful restaurant operator at attractive cap rate, or for owner/user.

2,548 ft2. on 1.33 acre streetfront lot, with approx. 20,000vpd driving directly by.

Excellent high visibility retail location with 20,000 cars/day in Downtown Roxboro, NC.

Additional Information:

 

Listing ID: RSG104
County: Person
Sale Type: Investment