OFF MARKET - COMMERCIAL OPPORTUNITY in GRAHAM - NEW PRICE

Alamance County, Graham, NC, 27253
Sold
Listed at: January 31st, 2023
Price
$115,000
ARV
$165,000
Gross Margin
$50,000
Sq. Footage
1982
Type
Commercial
Parking
Off street
Year build
1962
Lot size
0.50 acres
Bedrooms
0
Bathrooms
0.5
Half Bathrooms
0
Summary

*** OFF MARKET *** 

TRIPLE NET COMMERCIAL OPPORTUNITY

12 YEAR TENANT - Would like to stay at new rate of $1100 NNN


Commercial Property w/same tenant for 12 years

Operating a Feed and Seed Retail Store 

Also Operates Uhaul Rental Business from the lot 

Currently paying $700/month rent - New rent will be $1100 

Tenant is month-to-month but open to signing new long-term lease at new rates 

2 Large Roll Up Bay Doors 

No AC 

Gas Heat 

12 ft+ Ceilings 

20 Year old Rubber Roof


7min from central Burlington, NC

30min from central Greensboro, NC

$165,000 ARV at a 8 Cap

Current $700 monthly lease


Buyers to do their own due diligence Disclaimer: We are selling the assignable purchase contract for this property. Buyers are to do their own due diligence. One or more members of Worthy Investment Properties are licensed agents but are not acting as such in this transaction. If your offer is accepted, we require a minimum of a $5,000 non-refundable deposit to be held with our closing attorney. Closing will be as fast as possible for all parties involved but no longer than 21 calendar days.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Michael FitzGerald

No reviews

Disposition manager