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Verizon Wireless - Corporate Store

1304 East Dixie Drive, Asheboro, NC 27203

$2,715,000

4,500 SF | Retail

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Price:
$2,715,000
Building Size:
4,500 SF
Price/SF:
$603.33
Property Type:
Retail
Property Sub-type:
Free Standing Bldg
Property Use Type:
Net Lease Investment with
9 years left on lease
Cap Rate:
7.50%
Occupancy:
100%
Tenancy:
Single
Year Built:
2012
Listing ID
18399899
Last Updated
37 days ago

Find Out More...

Highlights

  • Original 10 Year NN Lease with 9 Years Remaining
  • New 2012 Construction
  • 4,500 SF Freestanding Building with 31,000+ VTPD on East Dixie Drive
  • Guarantor: Cellco Partnership-Approximately $49 Billion
  • Outparcel to Wal-Mart Supercenter, Next to Chick-fil-a, and near Randolph Mall
  • 2012 Five Mile Population 39,460 & 2012 Average Household Income $50,965.00

Description

Colliers International is pleased to offer for sale the brand new Verizon Wireless in Asheboro, NC. Verizon Wireless occupies a newly constructed 4,500 SF freestanding building. The tenant operates under a 10-year double-net lease.

Asheboro is a city in and the county seat of Randolph County, North Carolina. The 2012 five mile population was 39,460 and average household income exceeded $50,000.00.

Financial Summary

Major Tenant Information

  • Actual
  • $203,625

Map of 1304 East Dixie Drive, Asheboro, NC 27203 (Randolph County)

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Asking Price Index Trends for Asheboro, NC Retail For Sale

  Mar 14 vs. 3 mo.
prior
Y-O-Y
-
State
$114-1.9%-0.3%
-
Metro
$124-9.2%-1.9%
-
County
$860.0%0.0%

View Asheboro Market Trends for other property types for sale or lease. Learn more about the chart info.

Created 10/14/2013
Verizon Wireless - Corporate Store
  • Retail
  • $2,715,000
  • 4,500 SF