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3220 NC Highway 87 S
Sanford, NC 27332
Retail Property For Sale
Investment Highlights
- 3,900 Sq Ft QSR with Drive-Thru | 2014 Construction | 0.912 Acres
- YoY Sales Increases | Profitable RTS Ratio
- Outparcel to #2 Walmart in 30-Mile Radius | Walmart Estimated Sales: $93.5 Million (Placer Ai)
- Absolute NNN Lease | Zero Landlord Obligations | 2% Annual Rental Increases
- #2 Zaxby’s in 30-Mile Radius (Placer Ai)
- Additional Retailers Nearby: Chick-Fil-A, Lidl, Hobby Lobby, Food Lion, & More
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,900 SF
Building Class
B
Year Built
2014
Price
$3,812,000
Price Per SF
$977.44
Cap Rate
6.75%
NOI
$257,310
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.91 AC
Zoning
Commercial
Parking
40 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
350’ on NC-87
Amenities
- Freeway Visibility
Property Taxes
| Parcel Number | 9661-17-2361-00 | Improvements Assessment | $905,800 |
| Land Assessment | $416,200 | Total Assessment | $1,322,000 |
Property Taxes
Parcel Number
9661-17-2361-00
Land Assessment
$416,200
Improvements Assessment
$905,800
Total Assessment
$1,322,000
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