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Clinton, NC - Ruby Tuesday

$1,941,000

1118 Sunset Avenue, Clinton, NC 28328

Active
Last Updated: 10/22/2026

7

Cap Rate

135,890

NOI

Details:
Cap Rate:    7%
NOI:    $135,890
Building Size:    5,125 sqft
Lot Area:    1.33 acres
Year Built:    2008
Zoning:    Highway Commercial (HC)
Floors:    1
Description:

• More than 11 years of primary lease term remaining, with 4 additional 5-year renewal options, providing stable in-place income and long-term extension potential
• Scheduled 10% rental increases every 5 years and at the beginning of each renewal option support NOI growth and help hedge against inflation

• Situated within a dense retail corridor surrounded by national brands, including Lowe’s, Mavis, and Harbor Freight
• Nearby Sampson Crossing is anchored by Walmart Supercenter and features Five Below, Bath & Body Works, Belk, and other national brands, drawing 3.9M annual visits (Placer.ai)
• These national brands and retail destinations drive traffic throughout the corridor and promote cross-shopping at the subject property

Map:
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