3209 NC 87 S - Supermarket FOR SALE


Sanford, NC 27332
$2,664,080 USD
214-692-2289
3209 NC 87 S, Sanford, NC for Sale
$2,664,080 USD
Supermarket - FOR SALE
1/3
null | 6.25% Cap Rate

3209 NC 87 S
Sanford, NC 27332


HIGHLIGHTS

  • Brand new 2024 build to suit construction
  • 15-Year absolute NNN lease with zero landlord responsibilities
  • Rent commencement date shall be the close of escrow
  • 10% rent increases every 5 years beginning in year 6 and continuing through all option periods
  • The subject property qualifies for bonus depreciation (discuss with a tax professional)
  • Full term guarantee from an established franchise (±45 location by year end)

OVERVIEW

Broker of Record Kyle Matthews License # C38369 (NC) Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203 (866) 889-0550

FOR SALE DETAILS

PRICE

$2,664,080 USD

PRICE/SF

$76 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Take 5

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.91 AC

LAND SF

170,320 SF

ZONING

C-2

APN/PARCEL ID

9661-17-5821-00

ASK ABOUT THIS PROPERTY

Josh BishopMatthews Real Estate Investment ServicesMore Info
214-692-2289

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Josh BishopMatthews Real Estate Investment ServicesMore Info
214-692-2289

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