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6175 Highway 150 E 1,600 SF Vacant Retail Building Denver, NC 28037 $551,572 CAD ($344.73 CAD/SF) 5.98% Cap Rate

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INVESTMENT HIGHLIGHTS

  • High Visibility on NC 150.
  • Full Up Fit over 3 Years ago.
  • Large Lot allowing for Outdoor Seating.
  • Long Term Lease in Place.
  • Growth Market.
  • Hood + Walk-In Cooler.

EXECUTIVE SUMMARY

Investment stand alone property with tenant in place. Full up fit was completed a little over three years ago and included a new 10' hood, walk-in cooler 10 X 24, HVAC, separate bathrooms, plumbing, electrical, and much more. High visibility on NC 150 with monument signage.

PROPERTY FACTS Under Contract

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,600 SF
Building Class
C
Year Built/Renovated
1990/2019
Price
$551,572 CAD
Price Per SF
$344.73 CAD
Cap Rate
5.98%
NOI
$32,958 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.04
Lot Size
1.00 AC
Zoning
RC - Residential Commercial
Parking
16 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
111’ on Highway 150 E.

AMENITIES

  • Signage

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Zekos
  • -
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Zekos - - $9.99 Lorem Ipsum Jan 0000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3696052940520000
Land Assessment
$93,408 CAD
Improvements Assessment
$126,990 CAD
Total Assessment
$220,398 CAD
  • Listing ID: 29859483

  • Date on Market: 2023-10-23

  • Last Updated:

  • Address: 6175 Highway 150 E, Denver, NC 28037

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