2571 Maple Avenue
Burlington, NC
Price:
$5,568,000
Cap Rate:
5.20%
NOI:
$289,500
Building Size:
Approx. 4,650 Sq. Ft.
Lot Size:
Approx. 1.01 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2023
Investment Overview
- 2023 Construction. 4,650+/- SF Building on 1.01+/- Acre Site
- Brand New 15-Year NNN Lease w/ 5% Rental Increases Every 5 Years + the Option Periods
- Subject Property Located Across from Fortune 500 Company HQ for LabCorp, Inc.
- Thoroughfare Between Triad NC & Raleigh-Durham Area – Just 0.2 Miles from I-85 (114,000 VPD)
- Located Nearby Prestigious Elon University (12 Minutes, 4.0 Miles NW) – Over 6,000 Enrolled Students
- 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
- Burlington | Beneficiary of Significant Growth of Triad NC & Raleigh-Durham Areas | Median HH Income w/in 5-Miles: $90k+