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Truist Bank 261 N Fayetteville St

11,088 SF Retail Building Asheboro, NC 27203 $2,459,000 ($222/SF) 6.99% Cap Rate

Investment Highlights

  • Traffic signal intersection

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Bank
Building Size
11,088 SF
Building Class
B
Year Built
1988
Price
$2,459,000
Price Per SF
$222
Cap Rate
6.99%
NOI
$171,960
Tenancy
Single
Building Height
2 Stories
Building FAR
0.33
Lot Size
0.78 AC
Zoning
B-2 - City of Asheboro zoning.
Parking
30 Spaces (2.71 Spaces per 1,000 SF Leased)
Frontage
140 FT on North Fayetteville Street

Amenities

  • Banking
  • Tenant Controlled HVAC
  • Air Conditioning

Nearby Major Retailers

First Horizon Bank
Truist
Compare Foods
First Bank NC
WW (Weight Watchers)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7751-83-3904
Land Assessment
$405,600
Improvements Assessment
$1,317,900
Total Assessment
$1,723,500
  • Listing ID: 33675898

  • Date on Market: 2/16/2024

  • Last Updated:

  • Address: 261 N Fayetteville St, Asheboro, NC 27203

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