Log In/Sign Up
Your email has been sent.
Northern Tool + Equipment 3502 Bragg Blvd 25,482 SF Retail Building Fayetteville, NC 28303 $4,078,000 ($160.03/SF) 6.85% Cap Rate
Investment Highlights
- Corporate lease | Northern Tool & Equipment Company, Inc. | 140 locations across the U.S.
- Long operating history | Leased since 2007
- Large parcel | 3.73 acres
- Located inside of dense retail corridor | 6.8M SF within a 2-mile radius
- The tenant agreed to extend the lease for 10 years in 2022, showing their commitment to this location
- Attractive population density within a 5-mile radius | 145,967 residents
Executive Summary
Ransome Foose and Carl Brendes of Berkeley Capital Advisors are pleased to present for sale Northern Tool + Equipment in Fayetteville, NC. We welcome your review of this attractive investment.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Freestanding
Building Size
25,482 SF
Building Class
B
Year Built
2007
Price
$4,078,000
Price Per SF
$160.03
Cap Rate
6.85%
NOI
$279,328
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
3.73 AC
Zoning
Commercial
Parking
75 Spaces (2.94 Spaces per 1,000 SF Leased)
Fairly walkable
40/100
Very drivable
80/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0418-83-3924 | Improvements Assessment | $1,845,558 |
| Land Assessment | $479,312 | Total Assessment | $2,324,870 |
Property Taxes
Parcel Number
0418-83-3924
Land Assessment
$479,312
Improvements Assessment
$1,845,558
Total Assessment
$2,324,870
Contacts
-
Ransome Foose -
Carl Brendes -
Quinn O'Donnell -
Matt Sagehorn -
Berkeley Capital Advisors
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Northern Tool + Equipment | 3502 Bragg Blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.