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- LoopNet Team
716 N Norwood St
Wallace, NC 28466
Industrial Property For Sale
PROPERTY FACTS
AMENITIES
- Signage
ABOUT 716 N NORWOOD ST , WALLACE, NC 28466
A fully leased, single tenant building/property leased to Genuine Parts Company d/b/a Stone Truck Parts. Genuine Parts Company (Corporate). NYSE (“GPC”). $15 Billion Market Cap Company. The current 120 month lease term commenced on June 1, 2017. The current estimated net operating income (NOI) is $55,380 beginning June/2018. The annual escalations are the greater of 2.5% or CPI for all Urban Consumers. This is a triple net (NNN) lease. In addition, the Tenant is responsible for HVAC repairs and replacements up to $2,500 per unit per year. 716 N. Norwood Street, Wallace, North Carolina 28466
PROPERTY TAXES
| Parcel Number | 09-407 | Improvements Assessment | $696,104 |
| Land Assessment | $300,000 | Total Assessment | $996,104 |
PROPERTY TAXES
