1144 Greenwood Rd - Freestanding FOR SALE
Sanford, NC 27332 |
$1,040,000 USD
951-847-4541
1144 Greenwood Rd
Sanford, NC 27332
HIGHLIGHTS
- Value-Add Opportunity: ±8,000 SF former Family Dollar with 2.75 years of lease term remaining, offering investors the chance to reposition, re-lease
- Attractive Basis: Pricing is based on a low price per square foot, providing a compelling entry point and significant upside upon re-tenanting.
- Flexible Use Potential: Free standing retail building with ample parking, adaptable for a variety of uses including discount retail, service retail
- Established Commercial Corridor: Located in Sanford, NC, a growing market within the Raleigh-Durham metro region, benefiting from steady population
- Residual Cash Flow: Tenant remains responsible for rent payments for the remaining lease term, creating a short-term income stream
FOR SALE DETAILS
PRICE
$1,040,000 USD
PRICE/SF
$125 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dark Family Dollar
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Convenience Store, Drug Store, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2017
SPRINKLERS
-
PARKING SPACES
32
LAND DETAILS
LAND ACRES
1.45 AC
LAND SF
63,162 SF
ZONING
HC
APN/PARCEL ID
9549-26-4768-00
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951-847-4541
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951-847-4541
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