7250 Market St - Auto Repair FOR SALE
Wilmington, NC 28411 |
$2,332,000 USD
704-379-1985
7250 Market St
Wilmington, NC 28411
HIGHLIGHTS
- Brand-new, state-of-the-art, 2023 construction
- Absolute triple net lease | Zero landlord responsibilities
- New, 15-year lease with 10% rent increases every 5 years throughout the initial term and options
- Excellent access and visibility from Market Street which boasts 46,000 VPD
- Contactless, “Stay in your Car, 10-Minute Oil Change” | COVID resistant concept with limited scope of work to avoid “upselling”
- Affluent area | Average household income of $123,584 within a 3-mile radius
FOR SALE DETAILS
PRICE
$2,332,000 USD
PRICE/SF
$1,986 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Take 5 Oil Change
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2023
SPRINKLERS
-
PARKING SPACES
4
LAND DETAILS
LAND ACRES
0.65 AC
LAND SF
28,314 SF
ZONING
B-2
APN/PARCEL ID
R04406-001-001-001
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704-379-1985
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704-379-1985
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