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114 E NC 67 Bypass Hwy. 103 W Main St 9,082 SF Retail Building East Bend, NC 27018 $1,595,000 ($175.62/SF) 7.20% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 10+ year lease.
  • VPD on NC Hwy 67 = 4,700; on Flint Hill Rd = 3,400.
  • Investment grade, recession-proof, e-commerce resistant tenant.

EXECUTIVE SUMMARY

Strong corporately backed investment opportunity, NN Family Dollar in East Bend, NC. 10,500± SF building on 1.4± AC.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,082 SF
Building Class
C
Year Built/Renovated
2022/2023
Price
$1,595,000
Price Per SF
$175.62
Cap Rate
7.20%
NOI
$114,870
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.40 AC
Zoning
HIGHWAY COMMERCIAL - Highway Commercial
Parking
32 Spaces (3.52 Spaces per 1,000 SF Leased)
Frontage
76’ on W Main St

AMENITIES

  • Pylon Sign
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
153328
Land Assessment
$144,344
Improvements Assessment
$493,731
Total Assessment
$638,075
  • Listing ID: 26285778

  • Date on Market: 7/29/2022

  • Last Updated:

  • Address: 103 W Main St, East Bend, NC 27018

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