Frito-Lay Distribution Center | 5070 US-301 Hwy
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Frito-Lay Distribution Center 5070 US-301 Hwy
21,501 SF Industrial Building Hope Mills, NC 28348 $8,182,512 ($381/SF) 6.25% Cap Rate
Investment Highlights
- Long-Term, 10-Year Double Net (NN) Lease
- Approximately 9.9 Years Remaining
- Construction Completed in July 2024
Executive Summary
NNN Pro is pleased to present the exclusive listing for a Frito-Lay located at 5070 U.S Hwy 301-A, Hope Mills, NC 28348. The site consists of roughly 21,501 rentable square feet of building space on an estimated 11.4-acre parcel of land. This Frito-Lay is subject to a 10-year Double Net (NN) lease, which commenced 11/1/2024. The current annual rent is $511,407 and has scheduled increases of 2.00% annually.
Property Facts
| Price | $8,182,512 | Lot Size | 11.40 AC |
| Price Per SF | $381 | Rentable Building Area | 21,501 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 6.25% | Year Built | 2024 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Distribution | Parking Ratio | 1.95/1,000 SF |
| Building Class | B | No. Dock-High Doors/Loading | 5 |
| Price | $8,182,512 |
| Price Per SF | $381 |
| Sale Type | Investment |
| Cap Rate | 6.25% |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | B |
| Lot Size | 11.40 AC |
| Rentable Building Area | 21,501 SF |
| No. Stories | 1 |
| Year Built | 2024 |
| Tenancy | Single |
| Parking Ratio | 1.95/1,000 SF |
| No. Dock-High Doors/Loading | 5 |
PROPERTY TAXES
| Parcel Number | 0423-16-0821 | Improvements Assessment | $0 |
| Land Assessment | $301,482 | Total Assessment | $301,482 |
PROPERTY TAXES
Parcel Number
0423-16-0821
Land Assessment
$301,482
Improvements Assessment
$0
Total Assessment
$301,482
1 of 3
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Frito-Lay Distribution Center | 5070 US-301 Hwy
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.