investment opportunity ashley furniture store€¦ · avg. hh income tammy dixon +1 336 681 0861...
TRANSCRIPT
NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE ACCURACY OF THE INFORMATION CONTAINED HEREIN, AND THE SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, LEASE OR FINANCING, OR WITHDRAWAL WITHOUT NOTICE, AND OF ANY SPECIAL LISTING CONDITIONS IMPOSED BY OUR PRINCIPALS NO WARRANTIES OR REPRESENTATIONS ARE MADE AS TO THE CONDITION OF THE PROPERTY OR ANY HAZARDS CONTAINED THEREIN ARE ANY TO BE IMPLIED.
1705 S. 40 DriveGreensboro, North Carolina 27407
Property Features
• 45,825± SF • Lot Size: 3.10 Acres• Built in 2006• Adjacent to Lowe’s Hardware and shares
parking lot with Best Buy• Great proximity to I-40 and Wendover Ave.• Annual Income: $671,364 NNN• Lease expires September 2022• Lease Guaranty: Franchise has 10 locations
and is personally gauranteed• Zoning: CU-SC (Shopping Center)• 2017 Demographics:
Robbie Perkins, CCIM+1 336 337 0059 • [email protected]
500-D State StreetGreensboro, North Carolina 27405+1 336 373 0995
naipt.com
For more information, contact:
Sale Price: $7,100,000
1 Mile
7,465
3,726
$61,376
3 Miles
72,526
31,977
$63,578
5 Miles
152,802
64,972
$68,286
Population
Households
Avg. HH Income Tammy Dixon+1 336 681 0861 • [email protected]
Investment Opportunity
ASHLEYFURNITURE STOREGreensboro, NC
INVESTMENT HIGHLIGHTS
PRICE:
NOI:
CAP:
$7,100,000
$671,364
9.5%
TERMS, BASE RENT & OPTIONS
LEASE EXPIRATION:
BASE RENT SCHEDULE:
OPTIONS:
LEASE TYPE:
September 2022
$671,364 to September 2022
Two 5-Year options to renew
Triple Net Lease
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