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2526 Blacksburg Rd

9,026 SF Retail Building Grover, NC 28073 $1,075,000 ($119/SF) 7.25% Cap Rate

Retail Buildings North Carolina Grover 2526 Blacksburg Rd, Grover, NC 28073

Investment Highlights

  • The property features a 15-year lease expiring in 2030.
  • The subject property serves as a convenience and merchandise retailor, which positions it for success given the lack of other retailors in the immedia
  • There are five 5-year options left with a 10% rent increase with each option.

Attachments

Grover, NC Dollar General - OM

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,026 SF
Building Class
B
Year Built
2015
Price
$1,075,000
Price Per SF
$119
Cap Rate
7.25%
NOI
$77,938
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
2.44 AC
Zoning
Commercial
Parking
8 Spaces (0.89 Spaces per 1,000 SF Leased)
1 of 1

PROPERTY TAXES

Parcel Numbers
Multiple
  • 4381
  • 62809
 Improvements Assessment $465,109
Land Assessment $137,011 Total Assessment $602,120

PROPERTY TAXES

Parcel Numbers
Multiple
  • 4381
  • 62809
Land Assessment
$137,011
Improvements Assessment
$465,109
Total Assessment
$602,120
(612) 227-0757

Contacts

  • Listing ID: 33453416

  • Date on Market: 10/8/2024

  • Last Updated:

  • Address: 2526 Blacksburg Rd, Grover, NC 28073

More public record information on 2526 Blacksburg Rd, Grover, NC 28073

The Retail Property at 2526 Blacksburg Rd, Grover, NC 28073 is currently available for sale. Contact Upland Real Estate Group, Inc. for more information.

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2526 Blacksburg Rd
(612) 227-0757 x

2526 Blacksburg Rd

1/2

Joshua Huempfner

(612) 227-0757

(612) 227-0757

Sam Gerlach

(612) 991-8884

(612) 991-8884

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