Available For Sale - Retail

50,000 SF | Show Pricing $

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AVAILABILITY DETAILS

Size
50,000 SF
Price/SF
Show Pricing $
Listing ID
SA525066
Notes
THE OFFERING

Lee & Associates is pleased to offer an exciting opportunity to acquire a freestanding, Single Tenant, NNN, Retail Building. The total building size is approximately ±50,000 square feet in a highly desirable Greenville, NC Retail market. Leased since 2012, to Dick’s Sporting Goods a worldwide leader in sporting goods & apparel. Publicly traded on the New York stock exchange, Dick’s has a market capitalization price of $12.75 Billion. The investment provides long term stable cash flow. Built in 2012, the building is very well-maintained, state of the art, and is highlighted by its overall features. Located in one of the biggest retail markets in Pitt County, Dick’s Sporting Goods is situated in a premier location.



Location

3500 Galleria Drive, Greenville, NC 27834

Offering Summary

Price:

Building Price PSF:

Current Capitalization Rate

Net Operating Income:

Gross Rentable Building Area:

Parcel Size:

Excess Land:

Year Built:

$8,000,000

$160

5.5%

$440,000

±50,000 SF

±6.12 SF*

Comparable Retail Buildings have on

average 30% building to land coverage.

By using this formula, the property has

approximately ±100,000 SF of access

land.

2012



DESCRIPTION

YEAR BUILT: 2012

BUILDING SIZE: ±50,000 SF

LOT SIZE: ±6.12 Acres

*EXCESS LAND:

Comparable Retail Building have on

average 30% building to land coverage. By

using this formula, the property has

approximately ±60,000 SF of access land.

OFFICE SIZE: ±2,500 SF

BUILDING TYPE: Block Construction

SPRINKLERED: Yes

LIGHTING: Energy Efficient Lighting

TENANTS: 1
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
Barret Woods, Lee & Associates
BRE# 00776174