330 W Main St - Bank FOR SALE
Forest City, NC 28043 |
$1,485,000 USD
216-503-3610
330 W Main St
Forest City, NC 28043
HIGHLIGHTS
- Low rent Wells Fargo priced below replacement cost at $183.27.
- Wells Fargo currently operates under an absolute net ground lease requiring zero landlord responsibilities.
- Corporately Guaranteed lease by Wells Fargo (NYSE:WFC) one of the largest banks in the world with a market cap of over $230 Billion.
- Large ±1.50 acre parcel with multiple access points and excellent visibility.
- Wells Fargo has a +20 year operating history at this site with three, 5-year options remaining on their lease.
FOR SALE DETAILS
PRICE
$1,485,000 USD
PRICE/SF
$183 USD /SF
CAP RATE
8%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Wells Fargo Bank
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1996
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.5 AC
LAND SF
65,340 SF
ZONING
-
APN/PARCEL ID
1642793
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216-503-3610
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216-503-3610
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