Grocery Store
US Foods CHEF'STORE - 15 Yr Lease
511 Cross Creek St, Fayetteville, NC 28303
Listing Price: $7,700,000
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.
Fayetteville, located in North Carolina's Cumberland County, has a population of more than 200,000 residents. The city is located in the Sandhills in the western part of the Coastal Plain region, on the Cape Fear River. Fayetteville is familiar to many as the home of the U.S. Army's most populous military installation, Fort Bragg. The area around Fayetteville has a large and growing defense industry, with eight out of the ten top American defense contractors located within commuting distance as well as many supporting technology and service businesses populating the area.
US Foods CHEF'STORE - 15 Yr Lease
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
- 153,713 Residents Within a Five-Mile Radius - Dense Fayetteville Infill
- US Foods has 90 CHEF'STORE Locations in 13 States
- Outparcel to Cross Creek Mall, Anchored by Belk, Macy's and JCPenney
- Situated Immediately Off All American Freeway (51,000 Cars per Day)
- Dense Retail Corridor Location Surrounded by National Tenants: Target, Walmart, Sam's Club, Lowe's, AMC Theater, and More
- Within a 15-Minute Drive of Downtown Fayetteville and Fayetteville State University
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $7,700,000
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
- 153,713 Residents Within a Five-Mile Radius - Dense Fayetteville Infill
- US Foods has 90 CHEF'STORE Locations in 13 States
- Outparcel to Cross Creek Mall, Anchored by Belk, Macy's and JCPenney
- Situated Immediately Off All American Freeway (51,000 Cars per Day)
- Dense Retail Corridor Location Surrounded by National Tenants: Target, Walmart, Sam's Club, Lowe's, AMC Theater, and More
- Within a 15-Minute Drive of Downtown Fayetteville and Fayetteville State 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. Fayetteville, located in North Carolina's Cumberland County, has a population of more than 200,000 residents. The city is located in the Sandhills in the western part of the Coastal Plain region, on the Cape Fear River. Fayetteville is familiar to many as the home of the U.S. Army's most populous military installation, Fort Bragg. The area around Fayetteville has a large and growing defense industry, with eight out of the ten top American defense contractors located within commuting distance as well as many supporting technology and service businesses populating the area.
Exclusively Listed By
Broker of Record
Financing By
