961 Old US 601 - Convenience Store FOR SALE
Mount Airy, NC 27030 |
961 Old US 601
Mount Airy, NC 27030
HIGHLIGHTS
- Attractive 20 Year Triple Net (NNN) Lease With 2% Annual Increases to Hedge Against Inflation
- Guarantor: 50+ Unit Operator With $100MM in Revenue, $20MM in Ebitdar and $75MM Personal Guarantee
- Excellent Ingress/Egress With Multiple Points of Entry
- Property Immediately Qualifies For Accelerated Depreciation
- Tenant Making Improvement Into Site Showing Commitment to the Site
- Over 54,000 Residents Within a 10-Mile Radius Making an Average Household Income of $60,732
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
C-Store
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Convenience Store
ADD'L SUBTYPES
Freestanding, Storefront, Storefront Retail/Office
TOTAL BUILDING SIZE
1740
STORIES
1
YEAR BUILT
1990
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
5918-04-94-5962
