8293 NC Highway 87 - Freestanding FOR SALE
Reidsville, NC 27320 |
$1,100,000 USD
615-206-7703
8293 NC Highway 87
Reidsville, NC 27320
HIGHLIGHTS
- Long-Term Occupancy – Tenant has been at the site since 2011 and has executed lease extensions
- Replaceable Rent – Tenant is paying a very replaceable rent of $11.00/PSF
- Multiple Options Remaining – Family Dollar has 5 options of 5 years each remaining
- Minimal Landlord Responsibilities – Landlord only responsible for major capital replacements
- Strategically Located – Property is located in front of Rockingham County HS (950+ Students)
- Greensboro MSA – ±20 miles from downtown Greensboro, the third largest city in North Carolina
FOR SALE DETAILS
PRICE
$1,100,000 USD
PRICE/SF
$138 USD /SF
CAP RATE
8%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
FAMILY DOLLAR
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2011
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.9 AC
LAND SF
39,204 SF
ZONING
Commercial
APN/PARCEL ID
139634
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615-206-7703
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615-206-7703
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