About The Property

Commercial retail investment opportunity on NC Highway 8 in Lexington. Property is currently occupied by a grocery store tenant with reported rent of $5,500/month on a 10-year triple net lease with 3% annual increases. Freestanding retail building with road frontage and convenient access. Conventional and owner financing options may be considered; short-term financing available. Sale includes real estate only unless otherwise agreed in writing. Buyer to verify lease terms, zoning, permitted uses, utilities, square footage, acreage, taxes, and all information deemed important.
Courtesy of ERA Live Moore. Khalid Nafisah, [email protected]
Listing Snapshot
Days Online
2
Last Updated
Property Type
Retail
Lot Size
0.47 Acres
Year Built
1954
MLS Number
4395268
Koren Bowman
REALTOR
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Additional Details

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Basement
Description: "Exterior Entry", "Partial"
Building
Year Built: 1954, Construction Type: Site Built
Lot
Size: 0.47, Size Units: Acres
Property
Zoning: HC
Roof
Description: "Concrete Deck", "Metal"
Utilities
Sewer: "Septic Installed"
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30 Days Snapshot Of 27292
$470k
+32%
(avg) sold price
11
+37%
homes sold
30
-64%
(avg) days on market
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Monthly Payment
$0

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Courtesy of ERA Live Moore. Khalid Nafisah, [email protected]

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.