OFFERING SUMMARY:
PRICE: $1,738,000
CAP RATE: 7.25%
NOI: $126,000
BUILDING SIZE: 4,500 Sq Ft
YEAR BUILT: 2006
LOT SIZE: +/- 0.74 Acres
DOWNLOAD DOCUMENT:
HIGHLIGHTS:
- Publicly Traded, Investment Grade Tenant (NYSE: VZ; S&P BBB+)
- Adjacent to Several Major Retailers Including Walmart & Lowe’s Home Improvement
- Highly Trafficked Raleigh Rd Pkwy West with 24,729 Vehicles Per Day on Average
- Strategic Location with Limited Competition
- North Carolina is One of the Fastest Growing States in the US
EXCLUSIVELY LISTED BY:
DOMINIC SULO
Senior Managing Director Investments
Senior Director, Net Lease Properties Division
(630) 570-2171
dominic.sulo@marcusmillichap.com
SAM MALATO
Senior Associate
(630) 570-2263
sam.malato@marcusmillichap.com
NORTH CAROLINA BOR
Ben Yelm
Lic #303785