961 Old US 601 | Mount Airy, NC 27030
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961 Old US 601
Mount Airy, NC 27030
C-Store · Retail Property For Sale
Investment Highlights
- Attractive 20 Year Triple Net (NNN) Lease With 2% Annual Increases to Hedge Against Inflation
- Excellent Ingress/Egress With Multiple Points of Entry
- Tenant Making Improvement Into Site Showing Commitment to the Site
- Guarantor: 50+ Unit Operator With $100MM in Revenue, $20MM in Ebitdar and $75MM Personal Guarantee
- Property Immediately Qualifies For Accelerated Depreciation
- Over 54,000 Residents Within a 10-Mile Radius Making an Average Household Income of $60,732
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
1,740 SF
Year Built
1990
Tenancy
Single
Number of Floors
1
Building FAR
0.04
Land Acres
1.00 AC
Zoning
CB
PROPERTY TAXES
| Parcel Number | 5918-04-94-5962 | Improvements Assessment | £98,432 |
| Land Assessment | £58,684 | Total Assessment | £157,116 |
PROPERTY TAXES
Parcel Number
5918-04-94-5962
Land Assessment
£58,684
Improvements Assessment
£98,432
Total Assessment
£157,116
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