Your email has been sent.
Take 5 3209 NC 87 S 1,075 SF 4-Star Retail Building Sanford, NC 27332 $3,683,091 CAD ($3,426.13 CAD/SF) 6.25% Cap Rate



INVESTMENT HIGHLIGHTS
- Brand new 2024 build to suit construction
- Rent commencement date shall be the close of escrow
- The subject property qualifies for bonus depreciation (discuss with a tax professional)
- 15-Year absolute NNN lease with zero landlord responsibilities
- 10% rent increases every 5 years beginning in year 6 and continuing through all option periods
- Full term guarantee from an established franchise (±45 location by year end)
EXECUTIVE SUMMARY
Kyle Matthews
License # C38369 (NC)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Retailer
- -
- -
- -
In 1973, the first modern Lidl location opened in Ludwigshafen, Germany. With only three employees and around 500 products, this tiny store was the humble beginning of their global expansion. Lidl started opening stores outside of Germany in the 1990s, and within a few years, they were all over Europe! Now Lidl operates in dozens of countries and employ hundreds of thousands people globally. No matter their size, the Lidl mission has always remained the same: offer customers high-quality produce, meat, baked goods, household products and more at unbelievably low prices. Because good groceries should be accessible to everyone.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
Retailer | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,757,225 CAD | |
| Land Assessment | $2,507,766 CAD | Total Assessment | $5,269,990 CAD |
PROPERTY TAXES
Presented by
Take 5 | 3209 NC 87 S
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
