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GPM Investments (dba Roadrunner) 393 W Mills St

5,223 SF Retail Building Columbus, NC 28722 £1,717,653 (£329/SF) 6% Net Initial Yield

Investment Highlights

  • 13+ Years Remaining | GPM Investments | 10% Rental Increases
  • Ideally positioned off I-26 (44,000 VPD), providing users with direct on/off ramp access
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • $90,173 average household income

Executive Summary

13+ Years Remaining | Off Interstate 26 | Qualifies for Bonus Depreciation

Attachments

Columbus NC - Roadrunner_OM

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
5,223 SF
Building Class
C
Year Built
1998
Price
£1,717,653
Price Per SF
£329
Net Initial Yield
6%
NOI
£103,081
Tenancy
Single
Number of Floors
1
Building FAR
0.10
Land Acres
1.25 AC
Zoning
C - Commercial
Parking
43 Spaces (8.23 Spaces per 1,000 SF Leased)
Frontage
189 ft on W Mills St
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PROPERTY TAXES

Parcel Number P60-33 Improvements Assessment £784,202
Land Assessment £489,806 Total Assessment £1,274,008

PROPERTY TAXES

Parcel Number
P60-33
Land Assessment
£489,806
Improvements Assessment
£784,202
Total Assessment
£1,274,008
(954) 302-7365

  • Listing ID: 29899142

  • Date on Market: 27/10/2023

  • Last Updated:

  • Address: 393 W Mills St, Columbus, NC 28722

The Retail Property at 393 W Mills St, Columbus, NC 28722 is currently available For Sale. Contact SRS Real Estate Partners for more information.

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© 2024 CoStar Group

GPM Investments (dba Roadrunner) | 393 W Mills St
(954) 302-7365 x

GPM Investments (dba Roadrunner) | 393 W Mills St

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Patrick Nutt

(954) 302-7365

(954) 302-7365

William Wamble

(813) 371-1079

(813) 371-1079

Andrew Fallon

(703) 787-4733

(703) 787-4733

Philip Wellde

(202) 552-0092

(202) 552-0092

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