961 Old US 601 | Mount Airy, NC 27030
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This Retail Property is no longer advertised on LoopNet.com.
961 Old US 601
Mount Airy, NC 27030
C-Store · Retail Property For Sale
Investment Highlights
- Attractive 20 Year Triple Net (NNN) Lease With 2% Annual Increases to Hedge Against Inflation
- Excellent Ingress/Egress With Multiple Points of Entry
- Tenant Making Improvement Into Site Showing Commitment to the Site
- Guarantor: 50+ Unit Operator With $100MM in Revenue, $20MM in Ebitdar and $75MM Personal Guarantee
- Property Immediately Qualifies For Accelerated Depreciation
- Over 54,000 Residents Within a 10-Mile Radius Making an Average Household Income of $60,732
PROPERTY FACTS
Property Type
Retail
Property Subtype
- Convenience Store
- General Retail Freestanding
- General Retail Storefront
- General Retail Storefront Retail/Office
Building Size
1,740 SF
Year Built
1990
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Land Acres
1.00 AC
Zoning
CB
Links
PROPERTY TAXES
Parcel Number | 5918-04-94-5962 | Improvements Assessment | $125,800 |
Land Assessment | $75,000 | Total Assessment | $200,800 |
PROPERTY TAXES
Parcel Number
5918-04-94-5962
Land Assessment
$75,000
Improvements Assessment
$125,800
Total Assessment
$200,800
Learn More About Investing in Retail Properties
Listing ID: 25350466
Date on Market: 3/29/2022
Last Updated:
Address: 961 Old US 601, Mount Airy, NC 27030
The Retail Property at 961 Old US 601, Mount Airy, NC 27030 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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