1435 Benvenue Road, Rocky Mount, NC 27804 - Property for Sale
Available For Sale - Retail
6,725 SF
|
Show Pricing $
AVAILABILITY DETAILS
- Size
- 6,725 SF
- Price/SF
-
Show Pricing $
- Listing ID
- SA481389
- Notes
- Year Built
2019
Description
Single-Tenant Net Lease Investment Property with Mavis Tire Holdings, LLC
Highlights
±6,725 SF Single-tenant net lease investment property in the Rocky Mount MSA
Located on 1.08 acre Walmart outparcel
Tenant: Mavis Tire
Lease term: 15 years
Rent increases: 7.5% every 5 years
Lease commencement: 11/27/19
Lease expiration: 11/30/34
Renewal options: Three, Five-year options
Landlord responsibility: None
Tenant responsibility: roof, structure, taxes and insurance
First right of refusal: 15 day
Ownership type: fee simple
5.15% Cap rate
NOI: $145,000
Offering price: $2,815,500
- Uses
- Retail
This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.
Listing provided courtesy of
Jake Plotkin CCIM, Lee & Associates - Raleigh Durham
Jake Plotkin CCIM, Lee & Associates - Raleigh Durham
