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225 Boone Heights Dr - 6 % CAP

7,500 SF Retail Unit Offered at £978,063 in Boone, NC 28607

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Property Facts

Price	£978,063	Number of Floors	1
Unit Size	7,500 SF	Typical Floor Size	7,500 SF
No. Units	1	Year Built	1972
Total Building Size	7,500 SF	Tenancy	Single
Property Type	Retail (Unit)	Lot Size	3.78 AC
Property Subtype	Storefront Retail/Office General Retail Storefront	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Sale Type	Investment	Sale Conditions	Portfolio Sale
Building Class	C

Price	£978,063
Unit Size	7,500 SF
No. Units	1
Total Building Size	7,500 SF
Property Type	Retail (Unit)
Property Subtype	Storefront Retail/Office General Retail Storefront
Sale Type	Investment
Building Class	C
Number of Floors	1
Typical Floor Size	7,500 SF
Year Built	1972
Tenancy	Single
Lot Size	3.78 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Sale Conditions	Portfolio Sale

1 Unit Available

Unit 1

Unit Size	7,500 SF	Net Initial Yield	6.00%
Price	£978,063	NOI	£58,683.75
Price Per SF	£130.41	No. Parking Spaces	20
Unit Use	Retail	Sale Conditions	Portfolio Sale
Sale Type	Investment

Unit Size	7,500 SF
Price	£978,063
Price Per SF	£130.41
Unit Use	Retail
Sale Type	Investment
Net Initial Yield	6.00%
NOI	£58,683.75
No. Parking Spaces	20
Sale Conditions	Portfolio Sale

Description

7500 Sq ft Prime Location - Commercial
Retail Condo with Five (5) Years RemainingTriple Net Lease - @ $75,000annually
Tenant pays “ ALL” Utilities + Property Taxes + + Hazard Insurance
$1,250,000 6 % Cap

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