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217-219 N Main St
Kernersville, NC 27284
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Prime location
- Fully Stabilized Retail/Office
EXECUTIVE SUMMARY
Fully stabilized retail/office opportunity in downtown Kernersville, a rapidly growing market in the center of the Triad. This investment
provides stable income with opportunity in an amazing location - tenant list features professional roofing company, bridal shop, brewery, and cocktail lounge. Average remaining lease terms ± 3yrs. Surrounded by dense residential area and minutes from multiple shopping centers with major retailers like Walmart Supercenter,
Lowe’s Home Improvement, and Planet Fitness - this location has consistently been a popular destination on the main strip of Kernersville.
provides stable income with opportunity in an amazing location - tenant list features professional roofing company, bridal shop, brewery, and cocktail lounge. Average remaining lease terms ± 3yrs. Surrounded by dense residential area and minutes from multiple shopping centers with major retailers like Walmart Supercenter,
Lowe’s Home Improvement, and Planet Fitness - this location has consistently been a popular destination on the main strip of Kernersville.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
8,600 SF
Building Class
C
Year Built
1968
Price
$2,205,600 CAD
Price Per SF
$256.47 CAD
Cap Rate
6.97%
NOI
$153,686 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
2.47
Lot Size
0.08 AC
Zoning
GB - General Business
Parking
13 Spaces (6.02 Spaces per 1,000 SF Leased)
Frontage
36’ on N Main St
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 6886-34-3911 | Improvements Assessment | $267,705 CAD |
| Land Assessment | $68,098 CAD | Total Assessment | $335,803 CAD |
PROPERTY TAXES
Parcel Number
6886-34-3911
Land Assessment
$68,098 CAD
Improvements Assessment
$267,705 CAD
Total Assessment
$335,803 CAD
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