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9610 US Highway 70 E 3,536 SF 100% Leased Retail Building Princeton, NC 27569 $1,375,000 ($388.86/SF)
Investment Highlights
- Located along busy Highway 70/Interstate 42—this site benefits from heavy daily traffic and is positioned for continued growth in Princeton.
- With easy access to Goldsboro, Raleigh, and surrounding markets, this is an excellent investment opportunity for continued rental income.
Executive Summary
PRIME COMMERCIAL PROPERTY in PRINCETON! This high-visibility 3.53-ACRE site features TWO separate business spaces - a GAS STATION/CONVENIENCE MART on the left side and a RESTAURANT on the right side - both currently leased with significant upside
potential.
The gas station operates under the Citgo brand with diesel and regular fuel sales arranged by the current tenant, and offers a convenience store that has served the community for many years. The property offers over 3,800 SQ FT of combined space, ample tractor trailer parking, and includes a full kitchen, wash area, walk-in coolers, dining area, storage, office space, outbuildings, and a canopy.
potential.
The gas station operates under the Citgo brand with diesel and regular fuel sales arranged by the current tenant, and offers a convenience store that has served the community for many years. The property offers over 3,800 SQ FT of combined space, ample tractor trailer parking, and includes a full kitchen, wash area, walk-in coolers, dining area, storage, office space, outbuildings, and a canopy.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
3,536 SF
Building Class
C
Year Built
1980
Price
$1,375,000
Price Per SF
$388.86
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.02
Lot Size
3.53 AC
Zoning
C2 - Commerical
Parking
29 Spaces (8.2 Spaces per 1,000 SF Leased)
Frontage
460’ on US Highway 70 East
Property Taxes
| Parcel Number | 04Q08018 | Improvements Assessment | $431,590 |
| Land Assessment | $264,890 | Total Assessment | $696,480 |
Property Taxes
Parcel Number
04Q08018
Land Assessment
$264,890
Improvements Assessment
$431,590
Total Assessment
$696,480
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9610 US Highway 70 E
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