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Bruster’s Absolute NNN For Sale Investment North Carolina

Bruster’s | Monroe, NC
Make an Offer
Investment Offering

Tenant: Bruster’s | Monroe, NC
Premises: 1,008 SF
Renewal Options: 3 x 5 Years

Lease Expiration: 15 Years
Lease Type: Absolute NNN
Rental Increases: 1.5% Annual Increase


Sands Investment Group is Pleased to Present the Bruster’s Absolute NNN For Sale Located in Monroe, North Carolina. This Deal Includes a Brand New Absolute NNN 15 Year Lease at Close of Escrow With Annual Rent Increase at 1.5% and Zero Landlord Responsibility, Providing For a Secure Investment.

  • Brand New Absolute Triple Net (NNN) 15 Year Lease at Close of Escrow With an Annual Rent Increase at 1.5%
  • Tenant Invested Over $45,000 in Q3 of 2021; Created an Outdoor Awning, New Tables/Seating and Building Facelift and is Currently in the Process of Investing an Additional $20,000 in Equipment and PoS Upgrades
  • Great Rent to Sales Ratio
  • Tenant is a Strong Operator With Several Years of Experience in the Restaurant Business
  • Tenant Started Off With One Location and Grew By Acquiring Two More, and Currently Has Territory Rights in South Charlotte With a Six Store Development Agreement With Bruster’s
  • Bruster’s Has Been Successfully Operating at This Location For Over 15 Years
  • Very Accessible With Great Ingress/Egress
  • Limited to Virtually No Competition
  • Phenomenal Location in the Heart of the Shopping District
  • Outparcel to 395,000 Square Foot Monroe Crossing Mall With Belk, Planet Fitness, Roses Discount Store, Bath & Body Works Along With Dozens of Other National, Regional and Local Brands; The Mall Also Host Regular Events Drawing Large Crowds
  • Minutes Away From Hwy 74 and 601 Intersection
  • Less Than 0.2-Miles From US Route 74, Primary Route to Charlotte and Carries More Than 57,064 VPD
  • Within a 2-Mile Radius of: Target, Walmart Supercenter, Lowe’s, Union Square Shopping Center, Harbor Freight, Food Lion, Walgreens, Wells Fargo Along With Several Hotels

In Cooperation With: Sands Investment Group North Carolina, LLC – Lic. # 29362 BoR: Amar Goli- Lic. # 310575

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Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities

 

Tenant Overview

Bruster’s Ice Cream, Inc., also known as Bruster’s Real Ice Cream or Bruster’s, is an American chain of ice cream parlors based in Bridgewater, Pennsylvania. A Bruster’s Real Ice Cream store is a place where people come happy and ready to make a memory!

Bruster’s was founded in 1989 by Bruce Reed whose passion for fresh high-quality food and stellar customer service runs deep. Bruce’s father, Jerry Reed, opened the legendary Jerry’s Curb Service in Bridgewater, PA in 1947 after completing a tour of service in the US Airforce. The quintessential car hop remains a staple in the Pittsburgh area. Bruster’s Real Ice Cream was founded in 1989 and decades after its inception, Bruster’s still maintains family values across the business.

Bruster’s Real Ice Cream has crafted quite a reputation for itself. Known for its more than 150 flavors of premium, handcrafted ice cream, yogurt, Italian ice, and sorbet, the brand is experiencing a growing demand for its sweet treats all across the country. There are nearly 200 independently owned locations in 22 states, Guyana and South Korea. Bruster’s is an established brand with widespread recognition, a strong fan base, and a community of loyal franchisees.

Area Overview

Bruster’s | Monroe, NC

2166 Commerce Drive - Monroe, NC 28110

Contact Broker for Details

Status: Sold

Bruster’s | Monroe, NC

Munir Meghjani

770.501.3007
munir@SIGnnn.com

Rahill Lakhani

770.648.1163
rahill@SIGnnn.com

Andrew Ackerman

770.626.0445
aackerman@SIGnnn.com

Make an Offer
$8.3 BILLION IN SALES

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Our Intentions

We believe in giving back. There’s a big world outside of the real estate bubble and we know that with success comes responsibility.

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