3209 Nc 87, Sanford, NC 27332
1,425 SF | 100% Leased | 4-Star Retail Building | Sanford, NC 27332 | $2,191,750 ($1,538/SF) | 6% Cap Rate
For Sale
Active
Asking Price $2,191,750
- Property Type
-
Retail
- Square Feet
- 1,425 SF
- Price / Square Foot
- $1,538
Listing Contacts
Josh Bishop
Property Overview
Broker of Record
Kyle Matthews
License No. C38369 (NC)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Kyle Matthews
License No. C38369 (NC)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Property Details
- Class
- A
- Year Built
- 2024
- Stories
- 1
- Property Subtype
- Vehicle Related
- Lot Size (sq. ft)
- 170,320 SF
Highlights
- Brand new 2024 build to suit construction
- The subject property qualifies for bonus depreciation (consult with your tax professional
- Large 3 bay concept due to projections of high sales volume
- Rent commencement of March 2024
- 15-Year absolute NNN lease with zero landlord responsibilities
- 10% rent increases every 5 years beginning in year 6 and continuing through all option periods
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