765 Indeneer Dr - Freestanding FOR SALE


Kernersville, NC 27284
$1,006,000 USD
760-720-5449
765 Indeneer Dr, Kernersville, NC for Sale
$1,006,000 USD
Freestanding - FOR SALE
1/10
null | 6% Cap Rate

765 Indeneer Dr
Kernersville, NC 27284


HIGHLIGHTS

  • Corporate Signed Lease | Experienced Operator | Scheduled Rental Increases
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Distribution Corridor | Interstate Proximity | Retail Corridor
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Quarles Fueling investment property located in Kernersville, North Carolina. The tenant, GPM Empire LLC recently signed a brand new 10-year lease with 2 (5-year) options to extend, demonstrating their commitment to the site. The lease features 5% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor.

FOR SALE DETAILS

PRICE

$1,006,000 USD

PRICE/SF

$584 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Quarles Fuel | Corp Abs NNN w/ Increasses

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

1.48 AC

LAND SF

64,469 SF

ZONING

GI

APN/PARCEL ID

6885-67-0458

ASK ABOUT THIS PROPERTY

Greg LabarreSRS Real Estate PartnersMore Info
760-720-5449

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Greg LabarreSRS Real Estate PartnersMore Info
760-720-5449

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