10455 N Nc Highway 109 - Freestanding FOR SALE


Winston-Salem, NC 27107
$1,690,000 USD
980-498-3293
10455 N Nc Highway 109, Winston-Salem, NC for Sale
$1,690,000 USD
Freestanding - FOR SALE
1/5
null | 7% Cap Rate

10455 N Nc Highway 109
Winston-Salem, NC 27107


OVERVIEW

Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of Advanced Auto Parts located in Winston-Salem, North Carolina. This 6,831 SF asset sits as an outlot to Walburg Towne Center, a Food Lion-anchored shopping center that sees over 1.5M annual visitors. This asset is strategically located at the signalized intersection of NC 109 & Gumtree Road which sees 32,100 vehicles per day. Located at 10455 NC-109, Advance Auto Parts signed a 15-year lease in 2013 and is set to expire in November 2028. The lease features 5% rental increases at the start of its three (3), five (5) year options. Advance Auto Parts is paying $118,362. This offering presents an excellent opportunity to acquire a stable asset in a retail market servicing the suburban communities of Winston-Salem.

FOR SALE DETAILS

PRICE

$1,690,000 USD

PRICE/SF

$224 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Advance Auto Parts

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2013

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,075 SF

ZONING

CS

APN/PARCEL ID

01-002-0-000-0017-B-0-0

ASK ABOUT THIS PROPERTY

David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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