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1897 Main st 7,680 SF 100% Leased 4-Star Retail Building Waynesville, NC 28786 $5,200,000 ($677.08/SF) 5.88% Cap Rate
Investment Highlights
- New Construction
- NNN leases
- National retail tenants
Executive Summary
***NEW CONSTRUCTION: ±7,300SF MULTI-TENANT RETAIL ASSET*** Four national tenants with long-term NNN lease structures. Built-in income growth with rent escalations and excellent visibility from Main Street with direct access to Highway 74. SEE BROCHURE FOR MORE DETAILS.
Property Facts
Sale Type
Investment NNN
Property Type
Building Size
7,680 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2026
Construction Status
Under Construction
Price
$5,200,000
Price Per SF
$677.08
Cap Rate
5.88%
NOI
$306,015
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.13
Lot Size
1.31 AC
Zoning
HC-RC - Hyatt Creek Regional Center
Frontage
206’ on South Main Street
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 8604-79-8173 | Improvements Assessment | $3,200 |
| Land Assessment | $591,100 | Total Assessment | $594,300 |
Property Taxes
Parcel Number
8604-79-8173
Land Assessment
$591,100
Improvements Assessment
$3,200
Total Assessment
$594,300
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Contact the Sale Advisor
1897 Main st