Retail • Sold
- Initial 15-year lease expires 9/30/2034
- Five 5-year options with 10% increases each option
- Lease type: Corporate Guarantee that is absolute triple net with no landlord responsibilities
- Annual rental income of $87,072
- Asking price: $1,340,000 (6.5 cap)
$1,278,000
7,489± square foot store on site of approximately 2.34 acres. Stokes is a
community that is in Pitt County and northeast of Greenville, NC.
Investment Highlights
Attachments
Property Details
- Best UseRetail
- SF7,489 sf
- Acres2.34 acres
- Attachments
Listing Details
- List Price$1,278,000
- Analysis
$1,278,000 / 7,489 SF = $170.65 per SF
- Address2852 NC-903, Stokes, NC 27884
- CityStokes
- CountyPitt
- Listing Agent(s)
- StatusClosed
- Closed Date1/11/2024
- Data SourcePickett Sprouse Commercial Real Estate
- Listing ID750116
Notes
Under Contract - Dec 6, 2023
Information deemed reliable but not guaranteed to be accurate. © Pickett Sprouse Commercial Real Estate. All rights reserved.