207 E NC 11 - Storefront FOR SALE


Oak City, NC 27857
$904,200 USD
615-997-2834
207 E NC 11, Oak City, NC for Sale
$904,200 USD
Storefront - FOR SALE
1/8
null | 9% Cap Rate

207 E NC 11
Oak City, NC 27857


HIGHLIGHTS

  • Corporate Lease | Early Lease Extension
  • 10% Rent Increases at Each Option
  • Well-Established Location Situated at 4-way Signalized Corner

OVERVIEW

Corporate Lease | Early Lease Extension Tenant-managed double net lease Lease recently extended by Tenant (early extension) 10% Rent Increases at Each Option Period Rent Increases of 10% at each of the 4, 5-Year Option Periods Well-Established Location Sitatued at a 4-Way Signalized Corner Situated at the 4-way signalized corner of NC Hwy 11 & NC Hwy 125 Across from a Speedway fuel station

FOR SALE DETAILS

PRICE

$904,200 USD

PRICE/SF

$113 USD /SF

CAP RATE

9%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar | Early Lease Extension

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2011

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.25 AC

LAND SF

54,450 SF

ZONING

R

APN/PARCEL ID

1000781

ASK ABOUT THIS PROPERTY

Jason HernandezMarcus & MillichapMore Info
615-997-2834

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

Jason HernandezMarcus & MillichapMore Info
615-997-2834

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