1688 S Main St
Laurinburg (Outside Fayetteville), NC 28352
Hwy 55 Drive-Thru
| Offering Summary | |||
|---|---|---|---|
| Price | $2,991,740 | Cap Rate | 6.55% |
| NOI | $195,959.00 | Rentable SF | 2,495 SF |
| Lot Size | 1.18 +/- Acres | Year Built | 2023 |
| Lease Type | Absolute NNN | Lease Term | 20 Years |
Investment Highlights
- Brand New 2023 High-Quality Construction
- 20-Year Absolute NNN Lease w/ 10% Increases Every 5-Years
- Located at Busy Signalized Intersection
- Outparcel to Grocery Anchored Shopping Center
- Traffic Counts Exceed 22,500 Vehicles Per Day
- Adjacent to Scotland Memorial Hospital (850 Employees)
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For More Information, Please Contact:
John R Wertz
Managing Principal
(619) 218-6427
jwertz@wertzrealestate.com
Greg LaBarre
Vice President
(619) 997-1242
glabarre@wertzrealestate.com