Description
This is an excellent, well maintained, solid credit tenant, Income Producing Property, with a Cash On Cash return of 6.0% at the current lease rate. On May 1, 2027 the option rental rate will increase the Cash On Cash return to 6.81%. Build To Suit for Dollar General delivered on July 1, 2012. Prospective Buyer's, and their Buyer's Agents, requesting financial and lease information on this property must sign a Non-Disclosure Agreement AND provide financial proof of ability to perform a transaction of this size. Property is being sold subject to the leasehold interests of the tenant, who has a long term agreement (25+ years remaining) in place. PLEASE DO NOT VISIT THIS PROPERTY AS A PROSPECTIVE BUYER OR BUYER AGENT WITHOUT WORKING THROUGH THE LISTING AGENT. Thanks!
School Ratings & Info
Description
This is an excellent, well maintained, solid credit tenant, Income Producing Property, with a Cash On Cash return of 6.0% at the current lease rate. On May 1, 2027 the option rental rate will increase the Cash On Cash return to 6.81%. Build To Suit for Dollar General delivered on July 1, 2012. Prospective Buyer's, and their Buyer's Agents, requesting financial and lease information on this property must sign a Non-Disclosure Agreement AND provide financial proof of ability to perform a transaction of this size. Property is being sold subject to the leasehold interests of the tenant, who has a long term agreement (25+ years remaining) in place. PLEASE DO NOT VISIT THIS PROPERTY AS A PROSPECTIVE BUYER OR BUYER AGENT WITHOUT WORKING THROUGH THE LISTING AGENT. Thanks!
Listing information © 2023 Triad MLS, Inc. of North Carolina. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) Program of the Triad MLS, Inc. of High Point, NC. Real estate listings held by brokerage firms other than Ward & Ward Properties, LLC are marked with the Internet Data Exchange logo or the Internet Data Exchange (IDX) thumbnail logo (the TRIAD MLS logo) and detailed information about them includes the name of the listing brokers.IDX information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Data last updated 2023-09-23T19:30:58.897.
Listing information © 2023 Triad MLS, Inc. All rights reserved. Listing provided courtesy of Finley Properties Ii, Llc: . Information deemed reliable but not guaranteed.