100 Gardner Farm Ln - Storefront FOR SALE


Currituck, NC 27929
$1,875,000 USD
252-256-1279
100 Gardner Farm Ln, Currituck, NC for Sale
$1,875,000 USD
Storefront - FOR SALE
1/26
null | 7.2% Cap Rate

100 Gardner Farm Ln
Currituck, NC 27929


HIGHLIGHTS

  • Commerical Zoning!
  • Not in Flood Zone!
  • Existing Dumpster Pad!
  • Daily Traffic Count of 30,000!
  • Handicapped Access!
  • Existing Pylon signage in place!

OVERVIEW

Recently constructed in 2022, this 10,532 square foot building on 2 acres was the home of a Family Dollar Dollar Tree that recently converted to a Dollar Tree after DT sold FD. Large +/- 8,500 sq ft retail floor, 2 restrooms, office, and warehouse/storage in the rear. LED lighting, 4 Carrier HVAC units with Natural Gas, sprinkler system for landscaping, dumpster corral, pylon sign, LED parking lot lights, metal roof. Lease runs through December 2032 NOI $134,925 7.196% cap rate. 5 renewal options of 5 years each with a $0.50 per sq ft bump for every 5 year option.

FOR SALE DETAILS

PRICE

$1,875,000 USD

PRICE/SF

$178 USD /SF

CAP RATE

7.2%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

GB

APN/PARCEL ID

0050000125B0000

ASK ABOUT THIS PROPERTY

Alex RichThe Rich CompanyMore Info
252-256-1279

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Alex RichThe Rich CompanyMore Info
252-256-1279

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.