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Take 5 3209 NC 87 S 1,075 SF 4-Star Retail Building Sanford, NC 27332 $2,664,080 ($2,478.21/SF) 6.25% Cap Rate

Retail Spaces North Carolina Sanford 3209 NC 87 S, Sanford, NC 27332

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INVESTMENT HIGHLIGHTS

  • Brand new 2024 build to suit construction
  • Rent commencement date shall be the close of escrow
  • The subject property qualifies for bonus depreciation (discuss with a tax professional)
  • 15-Year absolute NNN lease with zero landlord responsibilities
  • 10% rent increases every 5 years beginning in year 6 and continuing through all option periods
  • Full term guarantee from an established franchise (±45 location by year end)

EXECUTIVE SUMMARY

Broker of Record
Kyle Matthews
License # C38369 (NC)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Supermarket
Building Size
1,075 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2018
Price
$2,664,080
Price Per SF
$2,478.21
Cap Rate
6.25%
NOI
$166,505
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
3.91 AC
Zoning
C-2 - Commercial

LINKS

1 1

NEARBY MAJOR RETAILERS

Lidl
Zaxby's
Cracker Barrel Old Country Store
Ruby Tuesday
Buffalo Wild Wings
Woodforest National Bank
Hwy 55 Burgers Shakes & Fries
Toyota
Truist
First Horizon Bank

PROPERTY TAXES

Parcel Numbers
Multiple
  • 04300-26-006.000
  • 9661-17-5821-00
 Improvements Assessment $1,966,300
Land Assessment $1,788,400 Total Assessment $3,758,265

PROPERTY TAXES

Parcel Numbers
Multiple
  • 04300-26-006.000
  • 9661-17-5821-00
Land Assessment
$1,788,400
Improvements Assessment
$1,966,300
Total Assessment
$3,758,265
(214) 692-2289

Still interested?

Contact the broker for more information about this property

CONTACT

  • Listing ID: 38475999

  • Date on Market: 11/17/2025

  • Last Updated:

  • Address: 3209 NC 87 S, Sanford, NC 27332

More public record information on 3209 NC 87 S, Sanford, NC 27332

The Retail Property at 3209 NC 87 S, Sanford, NC 27332 is currently available for Sale. Contact Matthews Real Estate Investment Services for more information.

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Take 5 | 3209 NC 87 S
(214) 692-2289 x

Take 5 | 3209 NC 87 S

Josh Bishop
(214) 692-2289

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