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Strickland Brothers | Whiteville, NC 1780 US-701 byp 3,306 SF 100% Leased Retail Building Whiteville, NC 28472 $1,484,084 CAD ($448.91 CAD/SF) 6.50% Cap Rate
Investment Highlights
- Single-Tenant Strickland Brothers 10 Minute Oil Change; Pad to Tractor Supply Co.- & Belk-Anchored Center, and Shadow-Anchored by Walmart Supercenter
- 15+ year lease term remaining with four 5-year options
- 300+ locations across 27 states in the U.S.
- Absolute NNN lease with zero landlord responsibilities
- Fee-simple investment ideal for bonus depreciation (land and building)
- Recent capital infusion from Princeton Equity Group, a leading franchise and multi-unit private equity firm
Executive Summary
Absolute NNN 15-Year Lease | 300+ Systemwide Units Full Corporate Guaranty | Pad to Tractor Supply Co & Belk Anchored Center | Shadow Anchored by Walmart & Food Lion
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Retail
Building Size
3,306 SF
Building Class
B
Year Built
2025
Price
$1,484,084 CAD
Price Per SF
$448.91 CAD
Cap Rate
6.50%
NOI
$96,465 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.10
Lot Size
0.74 AC
Somewhat walkable
30/100
Exceptionally drivable
100/100
Not bikeable
10/100
Nearby Major Retailers
1 of 7
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Strickland Brothers | Whiteville, NC | 1780 US-701 byp
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