Grocery Store
US Foods CHEF'STORE - 15 Yr Lease
915 Greenville Blvd SW, Greenville, NC 27834
Listing Price: $7,350,000
Investment Overview
US Foods CHEF’STORE offers a customer-centric, warehouse-format shopping experience for wholesale food and restaurant supplies at competitive prices. Designed as a one-stop-shop for restaurant operators and food service professionals, CHEF’STORE is also an option for non-profit organizations and the public, with no membership required.
Greenville is the county seat and most populous city of Pitt County, North Carolina. It is the cultural, educational, economic, and medical hub of eastern North Carolina. Pitt County is home to approximately 172,960 residents, of which 88,545 people reside in Greenville. The Greenville area boasts a progressive and dynamic real estate market with a diverse portfolio of homes, including apartment-style living, townhomes, condos, and single-family homes.
Investment Highlights
- New 15-Year Lease with Corporate Guaranty by US Foods, Inc. (NYSE:USFD) and 20 Year Roof Warranty
- 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
- 107,501 Residents Within a Five-Mile Radius - Households and Population Projected to Increase Approximately Five Percent in the Surrounding Area by 2027
- US Foods has 90 CHEF'STORE Locations in 13 States
- Dense Retail Corridor Location Surrounded by National Tenants: Walmart, Kohl's, Hobby Lobby, Lowe's Home Improvement, and More
- More than 61,500 Cars per Day at the Nearby Intersection of Greenville Boulevard Southwest and South Memorial Drive
- Within a 10-Minute Drive of Downtown Greenville and East Carolina University
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $7,350,000
Investment Highlights
- New 15-Year Lease with Corporate Guaranty by US Foods, Inc. (NYSE:USFD) and 20 Year Roof Warranty
- 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
- 107,501 Residents Within a Five-Mile Radius - Households and Population Projected to Increase Approximately Five Percent in the Surrounding Area by 2027
- US Foods has 90 CHEF'STORE Locations in 13 States
- Dense Retail Corridor Location Surrounded by National Tenants: Walmart, Kohl's, Hobby Lobby, Lowe's Home Improvement, and More
- More than 61,500 Cars per Day at the Nearby Intersection of Greenville Boulevard Southwest and South Memorial Drive
- Within a 10-Minute Drive of Downtown Greenville and East Carolina University
Investment Overview
US Foods CHEF’STORE offers a customer-centric, warehouse-format shopping experience for wholesale food and restaurant supplies at competitive prices. Designed as a one-stop-shop for restaurant operators and food service professionals, CHEF’STORE is also an option for non-profit organizations and the public, with no membership required. Greenville is the county seat and most populous city of Pitt County, North Carolina. It is the cultural, educational, economic, and medical hub of eastern North Carolina. Pitt County is home to approximately 172,960 residents, of which 88,545 people reside in Greenville. The Greenville area boasts a progressive and dynamic real estate market with a diverse portfolio of homes, including apartment-style living, townhomes, condos, and single-family homes.