138 Harrill Rd
Forest City, NC
Price:
$1,292,144
Cap Rate:
6.25%
NOI:
$80,759
Building Size:
Approx. 9,026 Sq. Ft.
Lot Size:
Approx. 1.85 Acres
Type:
Single-Tenant / Retail
Sub Category:
Dollar Store
Year Built:
2015
Investment Overview
- 2015 Construction. 9,026+/- SF Building on 1.85+/- Acre Site
- Subject Property is Being Remodeled in Spring 2023
- Corporate Guaranteed Absolute NNN Lease w/ a June 2030 Expiration and (4) 5 Year Options to Renew
- Excellent Hard Corner Location at the Intersection of US-221 Hwy (6K VPD) and Harrill Rd
- Little to No Competition Within 6 Miles of Subject Property
- North Carolina was Ranked #3 Nationally for the Fastest Growing State in 2022
- E-Commerce Resistant Retailer that Plans to Open an Additional 1,050 Stores in 2023
- Forest City | Home to a Facebook Data Center