Restaurant
Hwy 55 Burgers Shakes & Fries
2402 N Roberts Ave, Lumberton, NC 28358
Listing Price: $2,799,000
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire a Hwy 55 Burgers Shakes & Fries located in Lumberton, North Carolina. The property has a brand new 20-year absolute triple net (NNN) lease, with three five-year tenant renewal options. This is a relocation site for a Hwy 55 that was located in the adjacent shopping center. The property includes a drive-thru lane. The previous location, from which relocated, did not have a drive thru.
Hwy 55 Burgers, Shakes & Fries has been in operation since 1991, spanning over 30 years. Presently, it operates 92 locations across nine states (65 franchised and 27 corporate) with 17+ under development. Recognized by BurgerBusiness.com as the "Best Burger," Hwy 55 also holds the distinction of being named a Top 500 Franchise in the U.S. by Entrepreneur Magazine.
Located on Roberts Avenue, the property benefits from high traffic, with over 32,000 vehicles daily. Its proximity to Interstate 95 (I-95), with around 66,000 daily vehicles, provides essential access along a major north-south U.S. highway, connecting numerous East Coast cities from Maine to Florida. Within a one-mile radius, the average annual household income exceeds the national average at $82,204.
Surrounding national brands include Aldi, Walmart Neighborhood Market, Rainbow Shops, Belk, Ross, Food Lion, Fresh Foods IGA, Rent-A-Center, Planet Fitness, CrossFit, Tractor Supply Company, Badcock Home Furniture, Citi Trends, Bath & Body Works, Buick, Nissan, Jeep, Chevrolet, GMC, Hummer, Ford, Dollar General, Family Dollar, Advance Auto Parts, AutoZone, O’Reilly Auto Parts, Verizon, T-Mobile, Cricket Wireless, Waffle House, Ruby Tuesday, Outback Steakhouse, McDonald’s, Chick-fil-A, Arby’s, Taco Bell, KFC, Panera Bread, Wendy’s, Dunkin, Starbucks, CVS, Walgreens and many more.
Hwy 55 Burgers Shakes & Fries
Investment Highlights
- New, 20-Year, Absolute Triple Net (NNN) Lease with Full Term Remaining
- Three, Five-Year Tenant Renewal Options
- New Location, Opening Soon | This is a Relocation Site from a Hwy 55 That Operated in the Adjacent Shopping Center
- Average Annual Household Income is $82,204 Within One Mile of the Subject Property, Above the National Average
- Property Includes a Drive-Thru Lane – Previous Location, from Which Relocated, Did Not Have a Drive-Thru
- High Traffic Area, Located on Roberts Avenue With a Traffic Count of More Than 32,000 Vehicles Daily
- Located Directly Off Interstate 95 (I-95) With a Traffic Count of Approx. 66,000 Vehicles Daily
- Outparcel to Grocery Anchored Shopping Center with Surrounding National Brands Including Walmart Supercenter, Lowe's, Food Lion, Hibbett Sports, Tractor Supply Co., Dollar Tree, Harbor Freight, Big Lots, Aaron's, Family Dollar, O'Reilly Auto Parts, NAPA Auto Parts, AutoZone, Advance Auto, T-Mobile, Verizon, AT&T, KFC, Dunkin', Burger King, McDonald's, Taco Bell, Chick-fil-A, Wendy's, Jersey Mike's, Waffle House, Golden Corral, Papa Johns, Popeyes, Zaxby's, Domino's, Hardee's, Firehouse Subs, Wal
Exclusively Listed By
Listing Price: $2,799,000
Investment Highlights
- New, 20-Year, Absolute Triple Net (NNN) Lease with Full Term Remaining
- Three, Five-Year Tenant Renewal Options
- New Location, Opening Soon | This is a Relocation Site from a Hwy 55 That Operated in the Adjacent Shopping Center
- Average Annual Household Income is $82,204 Within One Mile of the Subject Property, Above the National Average
- Property Includes a Drive-Thru Lane – Previous Location, from Which Relocated, Did Not Have a Drive-Thru
- High Traffic Area, Located on Roberts Avenue With a Traffic Count of More Than 32,000 Vehicles Daily
- Located Directly Off Interstate 95 (I-95) With a Traffic Count of Approx. 66,000 Vehicles Daily
- Outparcel to Grocery Anchored Shopping Center with Surrounding National Brands Including Walmart Supercenter, Lowe's, Food Lion, Hibbett Sports, Tractor Supply Co., Dollar Tree, Harbor Freight, Big Lots, Aaron's, Family Dollar, O'Reilly Auto Parts, NAPA Auto Parts, AutoZone, Advance Auto, T-Mobile, Verizon, AT&T, KFC, Dunkin', Burger King, McDonald's, Taco Bell, Chick-fil-A, Wendy's, Jersey Mike's, Waffle House, Golden Corral, Papa Johns, Popeyes, Zaxby's, Domino's, Hardee's, Firehouse Subs, Wal
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire a Hwy 55 Burgers Shakes & Fries located in Lumberton, North Carolina. The property has a brand new 20-year absolute triple net (NNN) lease, with three five-year tenant renewal options. This is a relocation site for a Hwy 55 that was located in the adjacent shopping center. The property includes a drive-thru lane. The previous location, from which relocated, did not have a drive thru. Hwy 55 Burgers, Shakes & Fries has been in operation since 1991, spanning over 30 years. Presently, it operates 92 locations across nine states (65 franchised and 27 corporate) with 17+ under development. Recognized by BurgerBusiness.com as the "Best Burger," Hwy 55 also holds the distinction of being named a Top 500 Franchise in the U.S. by Entrepreneur Magazine. Located on Roberts Avenue, the property benefits from high traffic, with over 32,000 vehicles daily. Its proximity to Interstate 95 (I-95), with around 66,000 daily vehicles, provides essential access along a major north-south U.S. highway, connecting numerous East Coast cities from Maine to Florida. Within a one-mile radius, the average annual household income exceeds the national average at $82,204. Surrounding national brands include Aldi, Walmart Neighborhood Market, Rainbow Shops, Belk, Ross, Food Lion, Fresh Foods IGA, Rent-A-Center, Planet Fitness, CrossFit, Tractor Supply Company, Badcock Home Furniture, Citi Trends, Bath & Body Works, Buick, Nissan, Jeep, Chevrolet, GMC, Hummer, Ford, Dollar General, Family Dollar, Advance Auto Parts, AutoZone, O’Reilly Auto Parts, Verizon, T-Mobile, Cricket Wireless, Waffle House, Ruby Tuesday, Outback Steakhouse, McDonald’s, Chick-fil-A, Arby’s, Taco Bell, KFC, Panera Bread, Wendy’s, Dunkin, Starbucks, CVS, Walgreens and many more.
Exclusively Listed By
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