234 Faith Rd - Auto Repair FOR SALE


Salisbury, NC 28146
$1,300,000 USD
704-379-1985
234 Faith Rd, Salisbury, NC for Sale
$1,300,000 USD
Auto Repair - FOR SALE
1/3
null | 5% Cap Rate

234 Faith Rd
Salisbury, NC 28146


HIGHLIGHTS

  • 2024 brand new construction | Fresh 15-year term
  • Strategically located on a signalized corner intersection | Faith Rd & Market Station Dr
  • Absolute Net Ground Lease | No landlord responsibilities
  • Experienced operator | QAS II, LLC | 181+ locations across 13 states
  • Close proximity to Lowe’s anchored shopping center & Innes Street Market shopping mall | 347,033 SF of retail space
  • Located inside of Salisbury’s main retail corridor | 2.9M SF within a 2-mile radius

OVERVIEW

Ransome Foose and Carl Brendes of Berkeley Capital Advisors are pleased to present for sale Valvoline Ground Lease in Salisbury, NC. We welcome your review of this attractive investment.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$520 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Valvoline Ground Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,166 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Ransome FooseBerkeley Capital AdvisorsMore Info
704-379-1985

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Ransome FooseBerkeley Capital AdvisorsMore Info
704-379-1985

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