3602 Charles Blvd - Retail FOR SALE


Greenville, NC 27858
$1,863,000 USD
954-288-3678
3602 Charles Blvd, Greenville, NC for Sale
$1,863,000 USD
Retail - FOR SALE
1/4
null | 6.5% Cap Rate

3602 Charles Blvd
Greenville, NC 27858


HIGHLIGHTS

  • Absolute NNN lease structure with zero landlord responsibilities
  • ±9 years remaining on the lease with four, 5 year options
  • Long operating history as Burger King has operated at this location for ±17 years
  • 7.50% increase every 5 years
  • The subject property is outparceled to a fully occupied Food Lion Anchored shopping center
  • Food Lion is ranked in the 94th percentile nationally at this location

OVERVIEW

Broker of Record Kyle Matthews License No. C38369 (NC) (866) 889-0550 Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203

FOR SALE DETAILS

PRICE

$1,863,000 USD

PRICE/SF

$494 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

BURGER KING

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1993

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.98 AC

LAND SF

42,689 SF

ZONING

00

APN/PARCEL ID

52279

ASK ABOUT THIS PROPERTY

Dylan SchroederMatthews Real Estate Investment ServicesMore Info
954-288-3678

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Dylan SchroederMatthews Real Estate Investment ServicesMore Info
954-288-3678

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