1411 W Corbett Ave - Auto Repair FOR SALE


Swansboro, NC 28584
$3,043,478 USD
332-345-4222
1411 W Corbett Ave, Swansboro, NC for Sale
$3,043,478 USD
Auto Repair - FOR SALE
1/3
null | 5.75% Cap Rate

1411 W Corbett Ave
Swansboro, NC 28584


HIGHLIGHTS

  • Strong Corporate Guarantee
  • Outparcel to Grocery Store; Surrounded by Other Major Tenants
  • Prime Frontage on Hwy 24
  • Strong Demographics with Growing Population

OVERVIEW

Surmount is pleased to present the exclusive listing for a Mavis Discount Tire located at 1411 West Corbett Ave, Swansboro, NC 28584. The site consists of roughly 6,979 rentable square feet of building space on an estimated 0.89-acre parcel of land. This Mavis Discount Tire is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $175,000 and has scheduled increases of 5.00% every 5 years.

FOR SALE DETAILS

PRICE

$3,043,478 USD

PRICE/SF

$436 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mavis Discount Tire

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,768 SF

ZONING

B-1

APN/PARCEL ID

050965

ASK ABOUT THIS PROPERTY

Glen KunofskySurmountMore Info
332-345-4222

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Glen KunofskySurmountMore Info
332-345-4222

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