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Strickland Brothers | Selma, NC 1449 S Pollock St

1,673 SF Retail Building Selma, NC 27576 $2,515,000 ($1,503/SF) 6.15% Cap Rate

INVESTMENT HIGHLIGHTS

  • Brand New Construction Single-Tenant Strickland Brothers 10 Minute Oil Change; Pad to Food Lion Anchored Shopping Center
  • Corporate guaranteed lease (contact broker for more details) | Absolute NNN lease with zero landlord responsibilities
  • One of the highest volume Strickland Brothers locations in the entire chain (contact broker for more information)
  • Close Proximity to Daily Traffic Drivers, Major Employers, and Schools: 1.5 miles from Downtown Selma | 5 minutes from UNC Health Johnston

EXECUTIVE SUMMARY

Absolute NNN 15-Year Lease | Raleigh MSA | 250+ Systemwide Units Full Corporate Guaranty

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,673 SF
Building Class
B
Year Built
2024
Price
$2,515,000
Price Per SF
$1,503
Cap Rate
6.15%
NOI
$154,609
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.05 AC
Parking
10 Spaces (5.98 Spaces per 1,000 SF Leased)
Frontage
221 FT on South Pollock Street

AMENITIES

  • Freeway Visibility
  • Signage
  • Signalized Intersection

NEARBY MAJOR RETAILERS

Food Lion
Cook Out
Waffle House
Woodforest National Bank
Denny's
Planet Fitness
First Citizens Bank
Cracker Barrel Old Country Store
Rent-A-Center
CrossFit

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 14057027C
  • 14057027
  • 14057030H
Land Assessment
$419,920
Improvements Assessment
$138,140
Total Assessment
$558,060
  • Listing ID: 33934087

  • Date on Market: 11/20/2024

  • Last Updated:

  • Address: 1449 S Pollock St, Selma, NC 27576

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