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1832 Winkler Mill Rd 1,330 SF Retail Building Wilkesboro, NC 28697 $1,399,689 ($1,052.40/SF) 6.43% Cap Rate
INVESTMENT HIGHLIGHTS
- High Traffic Area on Highway 421
EXECUTIVE SUMMARY
OUTPARCEL TO LOWES FOODS AND TRACTOR SUPPLY | HIGHLY VISIBLE on US HWY 421.
US HWY 421 is the MAJOR HIGHWAY THROUGH WILKESBORO TO THE BLUE RIDGE MOUNTAINS AND HIGH COUNTRY. AADT of 39k+
Seven Brew is the newest outparcel on WIlkesboro’s Highway 421 . Located at the main entrance of The Lowes foods Anchored Shopping center.
NATIONAL CO-TENANCY Surrounded by major, national, and local tenants: Kohl’s, Lowes Foods, Walmart, McDonalds, KFC, Lowes, Zaxby’s, Starbucks, Marshalls, Burlington Shoe’s, Chick-Fil-A, PetSmart, Sonic, Bojangles, Cookout, Hardee’s, Aldi, Tractor Supply and many more!
US HWY 421 is the MAJOR HIGHWAY THROUGH WILKESBORO TO THE BLUE RIDGE MOUNTAINS AND HIGH COUNTRY. AADT of 39k+
Seven Brew is the newest outparcel on WIlkesboro’s Highway 421 . Located at the main entrance of The Lowes foods Anchored Shopping center.
NATIONAL CO-TENANCY Surrounded by major, national, and local tenants: Kohl’s, Lowes Foods, Walmart, McDonalds, KFC, Lowes, Zaxby’s, Starbucks, Marshalls, Burlington Shoe’s, Chick-Fil-A, PetSmart, Sonic, Bojangles, Cookout, Hardee’s, Aldi, Tractor Supply and many more!
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leasehold)
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,330 SF
Building Class
B
Year Built
2024
Price
$1,399,689
Price Per SF
$1,052.40
Cap Rate
6.43%
NOI
$90,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.75 AC
Zoning
B-2
Parking
9 Spaces (6.77 Spaces per 1,000 SF Leased)
Frontage
139’ on Hwy 421
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1503876 | Improvements Assessment | $124,390 |
| Land Assessment | $435,000 | Total Assessment | $559,390 |
PROPERTY TAXES
Parcel Number
1503876
Land Assessment
$435,000
Improvements Assessment
$124,390
Total Assessment
$559,390
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1832 Winkler Mill Rd
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