102 Commercial Ave | Mount Olive, NC 28365
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- LoopNet Team
102 Commercial Ave
Mount Olive, NC 28365
HWY 55 Corporate HQ · Flex Property For Sale
INVESTMENT HIGHLIGHTS
- Mission critical site for HWY 55 | Serves as their headquarters
- Long operating history since 2003 | Tenant extended lease in 2018 adding 10 years to lease term and demonstrating strong commitment to site
- DOT has plans for improvement of US-117 over next few years for the stretch running through Mount Olive
- Corporate lease with multiple guarantors | HWY 55 has 108+ locations across the Southeast | Personal guaranty from HWY 55 CEO
- Great access to major distribution thoroughfares | US-117 connects directly to both I-40(East-West) & I-95(North-South)
- 12 miles from Goldsboro & approx. 1 hour from Raleigh
PROPERTY FACTS
| Property Type | No. Stories | 2 | |
| Building Class | B | Year Built | 2003 |
| Lot Size | 9.61 AC | Tenancy | Single |
| Rentable Building Area | 35,492 SF | Parking Ratio | 1.58/1,000 SF |
| Property Type | |
| Building Class | B |
| Lot Size | 9.61 AC |
| Rentable Building Area | 35,492 SF |
| No. Stories | 2 |
| Year Built | 2003 |
| Tenancy | Single |
| Parking Ratio | 1.58/1,000 SF |
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 2583472030 | Improvements Assessment | $3,541,340 |
| Land Assessment | $205,060 | Total Assessment | $3,746,400 |
PROPERTY TAXES
Parcel Number
2583472030
Land Assessment
$205,060
Improvements Assessment
$3,541,340
Total Assessment
$3,746,400
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