8,000 sf building
built in 2004
on 1.326 acres
* Ten-year lease with four
five-year options
*
Lease term: 2004-2013
* Family Dollar pays for everything
except "exterior maintenance"
Just
Reduced !
Sales Price:
$742,850
Description:
* Excellent 1031 Exchange
Property
*
8,000 sf free standing building;
metal frame and "typical"
Family Dollar facade
* Located
at 17 NC Hwy 98 E in
Bunn, NC
* Approximately 30 miles from
Raleigh, NC via Hwy 64 E
*
Franklin County
Pin #2820326872
Property Description: An 8,000 sf single-story, free standing retail store with paved parking located adjacent to a Food Lion
grocery store. Built in 2004 with lease expiration 12/31/2013. Ten-year net lease with four five-year options at the following
rental rates: $4,766.67 (2014-2018), $5,243.34 (2018-2023), $5,767.67 (2024-2028) and $6,344.42 (2029-2033).
Current annual
NOI: $52,000.
