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100 S Main St 2,322 SF 100% Leased Retail Building Lillington, NC 27546 $1,936,732 CAD ($834.08 CAD/SF) 5.30% Cap Rate
INVESTMENT HIGHLIGHTS
- Over 200 feet of Cape Fear River frontage
- Indoor seating for approximately 92 guests + outdoor river-view seating for an additional 50 guests
- Tenant pays all utilities and TICAM
- 2025 AADT nearing 39,000
- 35 dedicated parking spaces, plus shared parking available
- New roof installed in 2024
EXECUTIVE SUMMARY
Fully leased restaurant property with more than 200 feet of Cape Fear River frontage at Harnett County's busiest river crossing. This site sits where US 401, US 421, NC 210, and NC 27 meet, creating exceptional visibility and steady traffic. The location serves as a key gateway between the Triangle and Fayetteville, with 2025 AADT nearing 39,000 vehicles just north of the river. The current restaurant tenant has a strong track record and four years remaining on a five-year lease with one 5-year renewal option. Tenant pays all utilities plus TICAM. The building includes seating for approximately 92 guests, a full bar, plus popular outdoor seating. New roof installed in 2024.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,322 SF
Building Class
C
Year Built
1991
Price
$1,936,732 CAD
Price Per SF
$834.08 CAD
Cap Rate
5.30%
NOI
$102,591 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.04
Lot Size
1.34 AC
Zoning
GB, RR - General Business, Residential
NEARBY MAJOR RETAILERS
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100 S Main St
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