105-111 N Lee St - Office FOR SALE


Benson, NC 27504
$625,000 USD
919-795-4287
105-111 N Lee St, Benson, NC for Sale
$625,000 USD
Office - FOR SALE
1/4
null | 4.48% Cap Rate

105-111 N Lee St
Benson, NC 27504


HIGHLIGHTS

  • Multi-tenant retail strip comprising four units, each with its own restroom.
  • Current leases with long-term tenants generate annual income of $28,000.
  • Tenants are responsible for utilities and interior upkeep, reducing owner expenses.
  • Lessor maintains taxes and exterior maintenance for simplified ownership.
  • Located in downtown Benson near I-95 and I-40 with strong regional connectivity.
  • Surrounded by national brands and local amenities supporting continued traffic.

OVERVIEW

This 4,200 SF multi-tenant retail property on North Lee Street offers a stable investment opportunity in Benson, NC. The property consists of four units, each featuring a private restroom, currently occupied by long-term tenants that ensure consistent income. Annual income is reported at $28,000, and tenants handle all utilities and interior upkeep, minimizing operational responsibilities for the owner. Situated in the heart of downtown Benson, this asset benefits from proximity to major transportation routes, including I-95 and I-40, facilitating easy access throughout the region. The surrounding trade area features national retailers, local businesses, and growing residential neighborhoods, supporting sustained tenant demand. Offered at $625,000, this opportunity is well-positioned for investors seeking steady returns and low-maintenance income in a market with limited vacancy.

FOR SALE DETAILS

PRICE

$625,000 USD

PRICE/SF

$146 USD /SF

CAP RATE

4.48%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

COM

APN/PARCEL ID

01023030

ASK ABOUT THIS PROPERTY

Paul FlahertyHTR Commercial RealtyMore Info
919-795-4287

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Paul FlahertyHTR Commercial RealtyMore Info
919-795-4287

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