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725 N Madison Blvd
Roxboro, NC 27573
Retail Property For Sale


Investment Highlights
- 25 Year Abs. NNN Ground Lease
- Taco Bell - Charter Foods, Inc
- 24,000 VPD
Executive Summary
Marketing description
Charter Foods is one of the largest franchise operators within the Taco Bell system and is a leading quick-service restaurant operator throughout the Southeast and Mid-Atlantic regions. Headquartered in Morristown, Tennessee, Charter Foods owns and operates 143 Taco Bell restaurants across multiple states, including units under construction, making it one of the brand's most significant franchisees.
Founded in 1998, Charter Foods has established a long track record of successful restaurant operations, strategic growth, and strong relationships within the Taco Bell franchise system. Charter Foods' size, operational experience, and longstanding affiliation with the Taco Bell brand position it as a highly regarded franchisee within the quick-service restaurant industry. The company's continued investment in new restaurant development and modernization initiatives reflects its confidence in the long-term growth and success of the Taco Bell platform.
The lease for the Property is guaranteed by Charter Foods, providing investors with the opportunity to acquire a nationally recognized quick-service restaurant backed by an experienced multi-unit franchise operator with a proven operating history.
Investment highlights
25 year initial term with 4-Five Year Options
10% rent increases every five (5) years
Absolute NNN Ground Lease - Landlord has no responsibilities
Guaranteed by Charter Foods Inc, 143 Units
Expected lease commencement November 2026
Located on N Madison Blvd with 24,000 VPD
New construction Taco Bell restaurant
1.03 acre site with drive-thru
Charter Foods is one of the largest franchise operators within the Taco Bell system and is a leading quick-service restaurant operator throughout the Southeast and Mid-Atlantic regions. Headquartered in Morristown, Tennessee, Charter Foods owns and operates 143 Taco Bell restaurants across multiple states, including units under construction, making it one of the brand's most significant franchisees.
Founded in 1998, Charter Foods has established a long track record of successful restaurant operations, strategic growth, and strong relationships within the Taco Bell franchise system. Charter Foods' size, operational experience, and longstanding affiliation with the Taco Bell brand position it as a highly regarded franchisee within the quick-service restaurant industry. The company's continued investment in new restaurant development and modernization initiatives reflects its confidence in the long-term growth and success of the Taco Bell platform.
The lease for the Property is guaranteed by Charter Foods, providing investors with the opportunity to acquire a nationally recognized quick-service restaurant backed by an experienced multi-unit franchise operator with a proven operating history.
Investment highlights
25 year initial term with 4-Five Year Options
10% rent increases every five (5) years
Absolute NNN Ground Lease - Landlord has no responsibilities
Guaranteed by Charter Foods Inc, 143 Units
Expected lease commencement November 2026
Located on N Madison Blvd with 24,000 VPD
New construction Taco Bell restaurant
1.03 acre site with drive-thru
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,105 SF
Building Class
C
Year Built/Renovated
1969/2022
Price
$1,844,105 CAD
Price Per SF
$876.06 CAD
Cap Rate
4.85%
NOI
$89,439 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.03 AC
Zoning
B-1 - B-1 Highway Commercial
Parking
18 Spaces (8.55 Spaces per 1,000 SF Leased)
Frontage
200’ on Madison Blvd
Amenities
- Dedicated Turn Lane
- Drive Thru
Property Taxes
| Parcel Number | 6-43 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $952,991 CAD |
Property Taxes
Parcel Number
6-43
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$952,991 CAD
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