716 N Norwood St | Wallace, NC 28466
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716 N Norwood St
Wallace, NC 28466
Stone Truck Parts-Showroom&Distribution · Industrial Property For Sale
PROPERTY FACTS
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Warehouse | Year Built | 1967 |
| Building Class | C | Tenancy | Single |
| Lot Size | 1.34 AC | Parking Ratio | 4.26/1,000 SF |
| Rentable Building Area | 11,769 SF | No. Drive In / Grade-Level Doors | 4 |
| Zoning | C | ||
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.34 AC |
| Rentable Building Area | 11,769 SF |
| No. Stories | 1 |
| Year Built | 1967 |
| Tenancy | Single |
| Parking Ratio | 4.26/1,000 SF |
| No. Drive In / Grade-Level Doors | 4 |
| Zoning | C |
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. The current 120 month lease term commenced on June 1, 2017. The current estimated net operating income (NOI) is $54,000. 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
Parcel Number
09-407
Land Assessment
$300,000
Improvements Assessment
$696,104
Total Assessment
$996,104
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