2951 US Highway 220 - Storefront FOR SALE
Madison, NC 27025 |
$1,321,863 USD
310-971-3116
2951 US Highway 220
Madison, NC 27025
HIGHLIGHTS
- 5.5 Years of Guaranteed Lease Term Remaining (Lease Exp: 10/31/2031)
- 2016 Build to Suit Construction | 9,100 SF Building on 8.22 Acre Parcel
- Absolute NNN Lease with ZERO Management Responsibilities
- 4-Lane Highway | Traffic Counts of 26,133 Vehicles Per Day
- Upgraded Construction | 4-Lane Highway | Traffic Counts of 26,133 Vehicles Per Day
- 21 Miles to Greensboro, NC; 26 Miles to Winston-Salem, NC; 76 Miles to Durham, NC; 98 Miles to Raleigh, NC; 111 Miles to Charlotte, NC
FOR SALE DETAILS
PRICE
$1,321,863 USD
PRICE/SF
$145 USD /SF
CAP RATE
7.35%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dollar General - 5.5 Yrs - Abs. NNN
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2016
SPRINKLERS
-
PARKING SPACES
37
LAND DETAILS
LAND ACRES
8.22 AC
LAND SF
358,063 SF
ZONING
RES AG HWY
APN/PARCEL ID
7923-01-19-5710-00
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310-971-3116
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310-971-3116
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