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6175 Highway 150 E 1,600 sq ft Vacant Retail Property Denver, NC 28037 £300,842 (£188.03/sq ft) 5.98% Net Initial Yield

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INVESTMENT HIGHLIGHTS

  • High Visibility on NC 150.
  • Full Up Fit over 3 Years ago.
  • Large Lot allowing for Outdoor Seating.
  • Long Term Lease in Place.
  • Growth Market.
  • Hood + Walk-In Cooler.

EXECUTIVE SUMMARY

Investment stand alone property with tenant in place. Full up fit was completed a little over three years ago and included a new 10' hood, walk-in cooler 10 X 24, HVAC, separate bathrooms, plumbing, electrical, and much more. High visibility on NC 150 with monument signage.

PROPERTY FACTS Under Offer

Sale Type
Investment or Owner Occupier
Property Type
Retail
Property Subtype
Standalone
Property Size
1,600 sq ft
Costar Property Class
C
Year Built/Renovated
1990/2019
Price
£300,842
Price per sq ft
£188.03
Yield
5.98%
NOI
£17,976
Occupancy Rate
Vacant
Tenancy
Multiple
Number of Floors
1
Plot ratio
0.04
Total Plot Size
1.00 ac
Use Class
RC - Residential Commercial
Parking
16 Spaces (10 Spaces per 1,000 sq ft Leased)
Frontage
111 ft on Highway 150 E.

AMENITIES

  • Signage

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • sq ft OCCUPIED
  • RENT/sq ft
  • LEASE TYPE
  • LEASE END
  • Zekos
  • -
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000
TENANT INDUSTRY sq ft OCCUPIED RENT/sq ft LEASE TYPE LEASE END
Zekos - - $9.99 Lorem Ipsum Jan 0000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3696052940520000
Land Assessment
£49,495
Improvements Assessment
£67,289
Total Assessment
£116,784
  • Listing ID: 29859483

  • Date on Market: 23/10/2023

  • Last Updated:

  • Address: 6175 Highway 150 E, Denver, NC 28037

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