Retail Space /NC /Perquimans County /Hertford /1035 Holiday Island Rd
Retail Space /NC /Perquimans County /Hertford /1035 Holiday Island Rd

1035 Holiday Island Rd - Freestanding FOR SALE


Hertford, NC 27944 | 
$1,273,960 USD
757-287-1490
1035 Holiday Island Rd, Hertford, NC for Sale
$1,273,960 USD
Freestanding - FOR SALE
1/4
null | 7.35% Cap Rate
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1035 Holiday Island Rd
Hertford, NC 27944

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HIGHLIGHTS

  • 9 years left on Absolute NNN lease with 10% bumps in options
  • No similar retail competition for 7 miles
  • Attractive storefront and design to compliment surrounding affluent homes

OVERVIEW

Absolute NNN lease with 9 years left of initial term. 10% rent bumps in option periods. No dollar store competition within 7 miles. Investment grade credit tenant (S&P: BBB).

FOR SALE DETAILS

PRICE

$1,273,960 USD

PRICE/SF

$141 USD /SF

CAP RATE

7.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Storefront, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.53 AC

LAND SF

110,207 SF

ZONING

-

APN/PARCEL ID

2-0082-0014A

ASK ABOUT THIS PROPERTY

Doug AronsonS.L. Nusbaum Realty Co.More Info
757-287-1490

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Doug AronsonS.L. Nusbaum Realty Co.More Info
757-287-1490

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

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