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3209 NC 87 S
Sanford, NC 27332
TAKE 5 · Retail Property For Sale
Investment Highlights
- Brand new 2024 build to suit construction
- Large 3 bay concept due to projections of high sales volume
- 15-Year absolute NNN lease with zero landlord responsibilities
- The subject property qualifies for bonus depreciation (consult with your tax professional
- Rent commencement of March 2024
- 10% rent increases every 5 years beginning in year 6 and continuing through all option periods
Property Facts
Property Type
Retail
Property Subtype
Supermarket
Building Size
1,425 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
3.91 AC
Zoning
C-2 - Commercial
Property Taxes
| Parcel Number | 9661-17-5821-00 | Improvements Assessment | $1,966,300 |
| Land Assessment | $1,788,400 | Total Assessment | $3,754,700 |
Property Taxes
Parcel Number
9661-17-5821-00
Land Assessment
$1,788,400
Improvements Assessment
$1,966,300
Total Assessment
$3,754,700
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