Creedmoor, NC - Pizza Hut

Description:

• The tenant, SDS Restaurant Group, LLC signed a brand new 17 year lease with 4 (5-year) options to extend, demonstrating their commitment to the site
• SDS Restaurant Group, LLC is an experienced QSR franchisee with 60 restaurants
• The lease features annual rental increases of 1.50% throughout the initial term and option periods, generating NOI and hedging against inflation

• The subject property is located near the signalized, hard corner intersection of County Rd 1108 and State Hwy 56, which combined average 23,700 VPD
• The asset benefits from nearby direct on/off ramp access to Interstate 85, a major thoroughfare that averages over 40,000 VPD
• The site is ideally located in a dense retail corridor, with numerous nearby national/credit tenants including Food Lion, Cook Out, Autozone, Walgreens, O’Reilly Auto Parts, Dollar General and many more
• The subject property is also situated in front of Vance-Granville Community College South Campus (760 students), further increasing consumer traffic to the immediate trade area