Mary Margaret McGuire - Coldwell Banker Advantage
250 Mcdougall Drive
West End, NC 27376

Description

Fantastic investment opportunity! This 6000 sq ft. of heated and cooled space is currently leased to Servpro of Moore County on a long term lease through April of 2021. The current lease amount is $33,600 per year with a 2% increase each subsequent year thereafter. Owner pays taxes and insurance and tenant pays utilities,general maintenance and tenant insurance. Over an 8% cap rate!

Details

MLS#189857
StyleIndustrial
Sub-TypeResale
StatusActive
Year2009
Days On Site124

Features

SQ Feet6,000
Story(s)1

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Area Information

StateNC
CountyMoore
CityWest End
Zip Code27376
Listing VS Median (in 27376)
Price:
$370,000
low | high
Med:
$79,900
100% of Average
SqFt:
6,000
low | high
Med:
0
100% of Average
$ / SqFt:
$62
low | high
Med:
$0
100% of Average
On Site:
124
low | high
Med:
89.5
100% of Average
Listing Updated: 12/08/2018
MLS Number: 189857
Listing Provided By:
John J Williams  of  The Property Center INC.