2737 E State Highway 210 - Freestanding FOR SALE


Surf City, NC 28445
$5,485,000 USD
512-630-9758
2737 E State Highway 210, Surf City, NC for Sale
$5,485,000 USD
Freestanding - FOR SALE
1/8
null | 6% Cap Rate

2737 E State Highway 210
Surf City, NC 28445


HIGHLIGHTS

  • New 2023 Build-To-Suit
  • New Petco STNL Prototype
  • New 15-Year Lease (March 2023)
  • Corporate Guaranty
  • Absolute NNN Lease
  • 8.50% Increases Every 5-Years

OVERVIEW

Embree Capital Markets Group is pleased to present a build-to-suit Petco located in Surf City, NC. This is an opportunity for an investor to acquire a well located Petco retail store with an attractive 15-year absolute NNN lease that features 8.5% rental increases every five years.

FOR SALE DETAILS

PRICE

$5,485,000 USD

PRICE/SF

$503 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Petco

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Storefront, Veterinarian/Kennel

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.3 AC

LAND SF

100,138 SF

ZONING

-

APN/PARCEL ID

4235-27-5829-0000

ASK ABOUT THIS PROPERTY

Klinton LewisEmbree Capital Markets GroupMore Info
512-630-9758

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Klinton LewisEmbree Capital Markets GroupMore Info
512-630-9758

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