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808-810 W Main St 12,080 SF 100% Leased Retail Building Jamestown, NC 27282 $1,150,000 ($95.20/SF) 7.25% Cap Rate



Investment Highlights
- ±12,080 SF Total with ±4,605 SF Flex/Warehouse & ±7,475 SF Retail Strip
- Completely remodeled office suite and recently renovated warehouse space
- 2 Drive-ins
- 0.7 AC with fenced outdoor storage potential
- New HVAC unit
Executive Summary
Fully stabilized retail strip/flex site ideal for an investor or owner user – conveniently located under 10 minutes from downtown High Point and under 20 minutes from downtown Greensboro and Winston-Salem with easy access to major thoroughfares. Seller completely remodeled 810 office suite and intends to leaseback for his restoration business but is open to vacating for a Buyer that wishes to occupy. The remaining tenant list features a tobacco store and automotive repair shop with average remaining lease terms ±4 years.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
12,080 SF
Building Class
B
Year Built
1959
Price
$1,150,000
Price Per SF
$95.20
Cap Rate
7.25%
NOI
$83,430
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.41
Lot Size
0.68 AC
Zoning
C-Commercial
Parking
27 Spaces (2.24 Spaces per 1,000 SF Leased)
Frontage
148’ on Main St
Amenities
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Royal Limousine Of Greensboro
- Transportation and Warehousing
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Royal Limousine Of Greensboro | Transportation and Warehousing | - | - | - |
Property Taxes
| Parcel Number | 0157850 | Improvements Assessment | $242,500 |
| Land Assessment | $148,500 | Total Assessment | $391,000 |
Property Taxes
Parcel Number
0157850
Land Assessment
$148,500
Improvements Assessment
$242,500
Total Assessment
$391,000
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808-810 W Main St
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