Property Details
Status: For Sale
Price: $1,300,000
Type: Office/Retail
Building Size: 2,700 SF
Acreage:
0.67 +/- acres
Zoning:
LO
Property Description
- Tenancy: 100 % leased, 7 years remaining with 2.5% annual increase & three 5-year renewals
- CAP Rate: 7%
- Landlord responsibilities include structural elements (load bearing walls, supports, foundation & exterior walls)
- Current tenant has 56 veterinary locations & growing
- Located on a high profile corner with nearly 30,000 VPD, less than a mile from Wake Forest University
- Sales Price: $1,300,000
