7425 Knightdale Blvd Knightdale, NC 27545

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1 INVESTMENT SALE > FREE STANDING RESTAURANT 7425 Knightdale Blvd Knightdale, NC PROPERTY DETAILS > > Asking Price: $995,000 > > Cap Rate: 89% RHAM Falls DURHAM CO WAKE CO FRANKLIN CO WAKE CO Wake Forest > > NOI: $88,000 > > Total Building SF: 7,007 SF > > Acreage: 155 Acres > > 84 parking spaces > > Zoning: HB: Highway Business > > Year built/renovated: 2005, 2013 RESEARCH TRIANGLE PARK Apex RDU INTERNATIONAL AIRPORT Morrisville WILLIAM B UMSTEAD STATE PARK Cary Johnson Shelley DOWNTOWN RALEIGH SITE WAKE CO JOHNSON CO

2 PROPERTY OVERVIEW 84 Parking Spaces Knightdale Blvd 155 Acres Knightdale Blvd

3 FLOOR PLAN AND INTERIOR PHOTOS MEN'S RESTROOM SQ FT WOMEN'S RESTROOM 2114 SQ FT OFFICE 5331 SQ FT 26 PEOPLE 70 PEOPLE 24 PEOPLE 38 PEOPLE 52 PEOPLE WH STORAGE 128 SQ FT DISHWASHING AREA 416 SQ FT BEER COOLER 522 SQ FT GAS LINES C O O L E R OPEN AREA S Q F T KITCHEN PREP STATION F R E E Z E R 7 8 S Q F T 46 18X GAS LINES 43 N KNIGHTDALE, NC SALSA AZTECA MEXICAN GRILL 7425 KNIGHTDALE BLVD, LAYOUT P L A N DATE: 11/15/16 WATER LINES WATER LINES 60X30 60X30 60X30 60X30 ENTRY 60X30 60X30 60X30 60X30 60X30 60X30 60X30 60X30 60X30 60X30 60X30 60X30 60X30 60X30 60X30 60X30 60X30 60X30 60X30 60X30 60X30 60X30 60X30 60X30 60X30 17X15 EQUIPMENT: 1 HAND SINK 2 WIRE RACK 3 COOLER 4 BAR SINK 5 WIRE RACK 6 REFRIGERATOR CASE 7 REFRIGERATOR CASE 21X30 8 WATER HEATER 14 DISH WASHER 22 HAND SINK WIRE RACKS 9 STEEL TABLE 15 DISH TABLE 23 FRYER 40 2-COMPARTMENT SINK 10 CHIP STORAGE 16 WIRE RACK 24 16'-10" X 4' HOOD 41 1-COMPARTMENT SINK 11 8' STEEL TABLE 17 WIRE RACK 25 42" DOUBLE OVEN 42 ICE MACHINE 12 SODA MACHINE 18 3-COMPARTMENT SINK 26 24" 4-BURNER RANGE 43 MOP AREA 13 HAND SINK 19 LARGE 1-BURNER RANGE 27 36" GRILL WIRE RACKS 20 STEEL TABLE 28 26" FLAT TOP 21 15' X 6' HOOD 29 STEEL TABLE 18X24 ELEC 17X15 18X24 S C A L E : 1/4" = 1'-0"

4 SITE PLAN

5 LOCATION From its beginnings as a small railroad town dating back to the early 1900 s, Knightdale continues to this very day to be one of Eastern North Carolina s fastest growing and prosperous towns With its rich and storied history leaving a lasting imprint on the town s cultural, architectural, and physical landscape, its people and events both past and present have molded Knightdale into a town emitting a warm lively feeling that truly is the embodiment of the term Southern Charm The development of Knightdale Station is a direct result of these characteristics that make the town the hidden gem that it is, borrowing elements from their historic past and helping evolve through the present and into the future, adding value to the town while continuing to build on the tradition of the community Knightdale Station is a 300-acre community that will host a mix of Townhome and single-family homesites The first of three building phases is complete, with a 25-acre park, athletic fields, a dog park, and walking trails, and the second phase is underway featuring open air structures and an amphitheater There is also an on-site YMCA Aquatics Center Shoppes at Midway East Regional Public Library, Knightdale Police & Fire Dept, Cross Point Church Town of Knightdale 48,000 AADT SITE d e Blv 11,000 AADT tdal Knigh Planters Walk Knightdale Station Park & Future Community ENO RIVER STATE PARK GR AN WA VILLE KE C CO O Convenience & Access RESEARCH TRIANGLE PARK AL U ION RDNAT ORT R P TE IR IN A C K Wake Forest E CO O Shelley WILLIAM B UMSTEAD STATE PARK Morrisville CHAT HA WAKE M CO CO ±27 miles Jordan FRA N WA KLIN DURHAM DU R WA HAM KE CO CO ±1 mile ±3 miles ±13 miles ±10 miles Chapel Hill ±5 miles ±15 miles ±10 miles DURHAM CO ORANGE CO I-540 Hwy 64/264 Clayton Wake Forest Carrboro I-440 I-40 Downtown Raleigh RDU International Airport Falls SITE DOWNTOWN RALEIGH Cary Johnson Apex CO CO KE N WA NSO H JO

6 TRAFFIC COUNTS AND DEMOGRAPHICS TRAFFIC COUNTS KNIGHTDALE BLVD 20,000 AADT I ,000 AADT N SMITHFIELD ROAD SOUTH 1ST AVENUE MCKNIGHT DRIVE NORTH 1ST AVENUE 11,000 AADT 7,100 AADT 6,300 AADT 3,700 AADT DEMOGRAPHICS 2017 SUMMARY 1 MILE 3 MILES 5 MILES POPULATION 7,080 28,080 81,670 AVERAGE HOUSEHOLD INCOME $67,391 $73,604 $75,144 # OF HOUSEHOLDS 2,751 10,545 29,220 PER CAPITA INCOME $25,744 $27,487 $27,061 HIGHLIGHTS > > Tenant: Salsa Azteca Mexican Grill > > Fee simple ownership with NNN lease structure > > Property was recently renovated in March 2013, including interior and exterior landscaping, new A/C systems, and roofing > > Great visibility to US 64 > > Located along Knightdale s primary retail corridor MEDIAN AGE POPULATION 25+ BY EDUCATIONAL ATTAINMENT HIGH SCHOOL GRADUATE ASSOCIATE DEGREE BACHELOR S DEGREE GRADUATE DEGREES 200% 194% 195% 72% 82% 91% 267% 261% 237% 105% 93% 96% CONTACT US This document has been prepared by Colliers International Raleigh-Durham for advertising and general information only Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability Any interested party should undertake their own inquiries as to the accuracy of the information Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from This publication is the copyrighted property of Colliers International and/or its licensor(s) 2018 All rights reserved

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