$4,078,000 USD
704-379-1985
HIGHLIGHTS
- Corporate lease | Northern Tool & Equipment Company, Inc. | 140 locations across the U.S.
- Located inside of dense retail corridor | 6.8M SF within a 2-mile radius
- Long operating history | Leased since 2007
- The tenant agreed to extend the lease for 10 years in 2022, showing their commitment to this location
- Large parcel | 3.73 acres
- Attractive population density within a 5-mile radius | 145,967 residents
FOR SALE DETAILS
PRICE
$4,078,000 USD
PRICE/SF
$161 USD /SF
CAP RATE
6.85%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Northern Tool + Equipment
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2007
SPRINKLERS
-
PARKING SPACES
75
LAND DETAILS
CROSS STREETS
Carol St
LAND ACRES
3.73 AC
LAND SF
162,479 SF
ZONING
Commercial
APN/PARCEL ID
0418-83-3924
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704-379-1985
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704-379-1985
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