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CARQUEST (DARK) MAKE OFFER 809 Mitchell St 6,000 SF Retail Building Kinston, NC 28501 $760,864 CAD ($126.81 CAD/SF) 13.75% Cap Rate

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EXECUTIVE SUMMARY

Motivated seller.
Tenant recently vacated the property but continues to pay rent through November 2027.
Total rent to paid over the remaining lease term will be $195,300
Tenants in immediate area include: McDonalds, Dollar Tree, Advance Auto, Piggly Wiggly.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,000 SF
Building Class
B
Year Built
2006
Price
$760,864 CAD
Price Per SF
$126.81 CAD
Cap Rate
13.75%
NOI
$104,584 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.95 AC
Zoning
B-1 - highway-oriented retail and commercial service businesses
Parking
28 Spaces (4.67 Spaces per 1,000 SF Leased)
Frontage
148’ on West Vernon Avenue

AMENITIES

  • 24 Hour Access
  • Signage

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Wholesaler
  • -
  • -
  • -

CARQUEST Auto Parts est détenue et exploitée par Advance Auto Parts, Inc., le plus important fournisseur de pièces de rechange pour automobiles en Amérique du Nord, qui dessert à la fois les marchés des bricoleurs et des installateurs professionnels. En date du 4 octobre 2014, Advance exploitait 5 305 magasins et 109 succursales Worldpac et desservait environ 1 350 magasins indépendants de marque Carquest dans 49 États, à Porto Rico, aux îles Vierges et au Canada. Advance emploie environ 75 000 membres de l'équipe.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Wholesaler - - -
Walk Score®
Very Walkable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Food Pride
Piggly Wiggly
Buddy's Home Furnishings
Food Lion

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
452547267104
Land Assessment
$117,844 CAD
Improvements Assessment
$834,828 CAD
Total Assessment
$952,672 CAD
  • Listing ID: 35100060

  • Date on Market: 2025-03-11

  • Last Updated:

  • Address: 809 Mitchell St, Kinston, NC 28501

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