700 S Ayersville Rd | Mayodan, NC 27027
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700 S Ayersville Rd
Mayodan, NC 27027
Sturm, Ruger & Company, Inc. (NYSE: RGR) · Industrial Property For Sale
Investment Highlights
- Investment grade tenant ($1.16B market cap) with significant tenant investment in the Property
- Extremely low rental rate ($2.20 PSF upon full occupancy) which falls far below the current market rental for similar properties
- Over 4.5 years remaining on existing term with one, 5-year option to renew
- Strategic distribution center leased in 2021 to accommodate Ruger’s corporately owned manufacturing facility in Mayodan (1.9mi from Subject Property)
- Thriving industrial market with close access to Greensboro, Winston Salem, and the I-73, I-74, I-40 and I-85 corridors
- Property is in excellent condition with many recent upgrades
PROPERTY FACTS
Amenities
- Air Conditioning
Utilities
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer - City
PROPERTY TAXES
| Parcel Number | 171594 | Improvements Assessment | $2,007,262 |
| Land Assessment | $316,350 | Total Assessment | $2,323,612 |
PROPERTY TAXES
Parcel Number
171594
Land Assessment
$316,350
Improvements Assessment
$2,007,262
Total Assessment
$2,323,612
zoning
| Zoning Code | Industrial |
| Industrial |
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