160 US 158 Byp - Freestanding FOR SALE


Henderson, NC 27537
$5,825,000 USD
612-413-4200
160 US 158 Byp, Henderson, NC for Sale
$5,825,000 USD
Freestanding - FOR SALE
1/6
null | 6% Cap Rate

160 US 158 Byp
Henderson, NC 27537


OVERVIEW

Absolute NNN Lease - This property has an absolute NNN lease with zero LL responsibilities. Investors will appreciate the annual rent bumps, corporate guarantee, and 13 years of term remaining. Newly Built Location - This Petco location was built in 2023 and has nearly a 2-acre lot. This location features highway visibility, ample parking, and great signage. High-Demand Market - Henderson is just over an hour north of Raleigh and close to the Virginia border. The local retail market has a low vacancy rate of 0.7% with nothing currently under construction. Prime Retail Location - The property is located on a major throughway where it receives excellent visibility and accessibility. Located in close proximity to several retailers including Walmart, Lowe's, Marshalls, Walgreens and many others.

FOR SALE DETAILS

PRICE

$5,825,000 USD

PRICE/SF

$366 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Petco | Henderson, NC

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.73 AC

LAND SF

75,359 SF

ZONING

HB2A

APN/PARCEL ID

0213-02001

ASK ABOUT THIS PROPERTY

Brian BriskyBrisky Net LeaseMore Info
612-413-4200

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Brian BriskyBrisky Net LeaseMore Info
612-413-4200

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