3826 NC Hwy 16 N - Storefront FOR SALE


Crumpler, NC 28617
$1,436,765 USD
256-520-5000
3826 NC Hwy 16 N, Crumpler, NC for Sale
$1,436,765 USD
Storefront - FOR SALE
1/1
null | 7% Cap Rate

3826 NC Hwy 16 N
Crumpler, NC 28617


HIGHLIGHTS

  • NNN 15 year initial term lease with 5 - 5 year options
  • 7% CAP
  • 10% rent increase at each option period

OVERVIEW

This store in Crumpler, NC opened Dec 16, 2022 with a 15 year initial term lease with 5 - 5 year options. There is a 10% rent increase at each option period. The monthly rental income is $8,381.13 with a yearly rental income of $100,573.56. The offering CAP is 7% and the Sales Price is $1,436,765. Crumpler is located in northwestern part of North Carolina in Ashe County. There are around 2,000 people that live in Crumpler. Dollar General store # 24229 3826 Highway 16 N Crumpler, NC 28617

FOR SALE DETAILS

PRICE

$1,436,765 USD

PRICE/SF

$135 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

3.13 AC

LAND SF

136,169 SF

ZONING

CS

APN/PARCEL ID

18330-147

ASK ABOUT THIS PROPERTY

Jonathan BroadwayLHT Commercial Real EstateMore Info
256-520-5000

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Jonathan BroadwayLHT Commercial Real EstateMore Info
256-520-5000

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