Retail Property For Sale - Hammer Investments, LLC

8180 Valley Boulevard, Blowing Rock, NC, 28605

 
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Retail For Sale
Blowing Rock, NC
North Carolina

Hammer Investments, LLC

 

8180 Valley Boulevard

Blowing Rock, North Carolina 28605
County: Watauga
 
   Photos
Image 1 of 1
 
 
  For Sale Off-Market  
Property Use Type:Investment
Type:Retail
Restaurant
Building Size:6,400 SF
Lot Size:1.37 Acres
Price:N/A
Price/SF:N/A
Cash On Cash:7.30%
Year Built:1977
Net Lease Investment:Yes
Date Last Verified:9/9/2004
Property ID:13524563
 
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 Additional Information 

Property Description:
1.37 acres on busy 321 bypass in charming Blowing Rock. Part of main building and small house are fully leased. 3200 SF restaurant space available. THIS PROPERTY HAS TREMENDOUS DEVELOPMENT POTENTIAL WHICH COULD RESULT IN A 9% CAP RATE.

Location Description:
Located in the center of the bypass in Blowing Rock. Excellent traffic count and visability.

 Highlights 
•DEVELOPMENT POTENTIAL•Excellent location
 
•Great investment  
  Financial Summary Proforma  
Scheduled Gross Income:$62,400
  Vacancy:$0
  Reimbursement:$0
  Income Item:$0
  Other Income:$0
Effective Gross Income:$62,400
Operating Expenses:$0
  Maintenance:$0
  Taxes:$0
  Insurance:$0
  Other Expenses:$0
Total Expenses:$0
Net Operating Income:$62,400
Pre-Tax Cash Flow:$62,400
 
  Major Tenant Information
Tenancy Type: Single
 
Coin Laundry
SF Occupied: 1,250
 
Rental house
SF Occupied: 800
 
Restaurant
SF Occupied: 3,200
 
 
  Debt & Equity Information
No Debt & Equity Information Provided
8/7/2002


The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
 
 

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