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142 8th Ave 4,386 SF Retail Building Cramerton, NC 28032 $1,876,515 CAD ($427.84 CAD/SF) 7.25% Cap Rate



Investment Highlights
- BRAND NEW 10-YEAR TERM | NNN LEASE | 3% ANNUAL ESCALATIONS
- AMPLE PARKING | 48 SPACES
- RECENT MAJOR RENOVATIONS | NEW FLOOR COVERINGS & PARKING LOT
- WELL-KNOWN LOCAL TENANT | 14-YEAR OPERATING HISTORY
- CENTRALLY LOCATED IN CRAMERTON | ADJACENT TO GOAT ISLAND PARK
- CENTER STREET SOCIAL DISTRICT
Executive Summary
Exclusively Listed By:
Carson Jeremiah | Associate Director | 469.949.7540 | cjeremiah@tradenetlease.com
Camille Renshaw | CEO & Co-Founder | 646.770.0659 | crenshaw@tradenetlease.com
Carson Jeremiah | Associate Director | 469.949.7540 | cjeremiah@tradenetlease.com
Camille Renshaw | CEO & Co-Founder | 646.770.0659 | crenshaw@tradenetlease.com
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,386 SF
Building Class
C
Year Built/Renovated
1977/2026
Price
$1,876,515 CAD
Price Per SF
$427.84 CAD
Cap Rate
7.25%
NOI
$135,999 CAD
Tenancy
Single
Building Height
1 Story
Opportunity Zone
Yes
Zoning
CBD - CBD - Central Business District
Parking
48 Spaces (10.94 Spaces per 1,000 SF Leased)
Fairly walkable
50/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 195741 | Improvements Assessment | $655,901 CAD |
| Land Assessment | $209,576 CAD | Total Assessment | $865,477 CAD |
Property Taxes
Parcel Number
195741
Land Assessment
$209,576 CAD
Improvements Assessment
$655,901 CAD
Total Assessment
$865,477 CAD
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142 8th Ave
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