304 Central Ave - Freestanding FOR SALE


Butner, NC 27509
$824,320 USD
310-971-3892
304 Central Ave, Butner, NC for Sale
$824,320 USD
Freestanding - FOR SALE
1/5
null | 7.5% Cap Rate

304 Central Ave
Butner, NC 27509


HIGHLIGHTS

  • Approximately 5.25 Years of Guaranteed Lease Term Remaining (Lease Exp: 09/30/2031)
  • 2006 Construction - Build-to-Suit Dollar General
  • Landlord Responsibilities Limited to Roof, Structure, HVAC and Parking Lot
  • Tenant Pays $525.82 Per Month ($6,309.84 Per Year) for Parking Lot Maintenance Expenses
  • Butner is Located Approximately: 15 Miles to Durham, NC; 28 Miles from Raleigh, NC; and 66 Miles from Greensboro, NC
  • 7-Mile Demographics: 28,213 Residents | $129,506 Average Household Income

OVERVIEW

Schuchert Retail Group is pleased to exclusively present for sale the 9,100 SF Dollar General located at 304 Central Ave, Butner, NC 27509. In Conjunction With: Wayne Troxler (Guilford Realty Group, Inc.) NC License #110069

FOR SALE DETAILS

PRICE

$824,320 USD

PRICE/SF

$91 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.88 AC

LAND SF

38,333 SF

ZONING

Commercial

APN/PARCEL ID

087605175802

ASK ABOUT THIS PROPERTY

Jim Schuchert CCIMSchuchert Retail GroupMore Info
310-971-3892

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Jim Schuchert CCIMSchuchert Retail GroupMore Info
310-971-3892

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