1107 N Broad St | Edenton, NC 27932
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1107 N Broad St
Edenton, NC 27932
Advance Auto Parts · Retail Property For Sale
Investment Highlights
- Convenient access to nearby educational institutions like the College of The Albemarle and John A. Holmes High School
- Stable and long-term investment opportunity
- Easily accessible from Highway 17
Executive Summary
±6,000 SF Free standing building on ±0.79 acres
Asking price: $1,382,000
Type of Ownership: Fee Simple
Lease Guarantor: Corporate
Lease Type: NN+
Roof and Structure: Landlord Responsibility
Term Remaining on Lease: 2 Years
Original Lease Term: 15 Years
Lease Commencement Date: 5/12/2008
Rent Commencement: 12/7/2008
Lease Expiration Date: 12/31/27
Options: (3) 5-Year Options
Asking price: $1,382,000
Type of Ownership: Fee Simple
Lease Guarantor: Corporate
Lease Type: NN+
Roof and Structure: Landlord Responsibility
Term Remaining on Lease: 2 Years
Original Lease Term: 15 Years
Lease Commencement Date: 5/12/2008
Rent Commencement: 12/7/2008
Lease Expiration Date: 12/31/27
Options: (3) 5-Year Options
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,124 SF
Building Class
B
Year Built
2008
Price
$1,981,885 CAD
Price Per SF
$324 CAD
Cap Rate
6.75%
NOI
$133,799 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.79 AC
Zoning
CH - Highway Commercial
Parking
30 Spaces (4.9 Spaces per 1,000 SF Leased)
Frontage
147 ft on North Broad Street
Amenities
- Signage
PROPERTY TAXES
| Parcel Number | 7805-16-94-4538 | Improvements Assessment | $1,715,985 CAD |
| Land Assessment | $85,553 CAD | Total Assessment | $1,801,538 CAD |
PROPERTY TAXES
Parcel Number
7805-16-94-4538
Land Assessment
$85,553 CAD
Improvements Assessment
$1,715,985 CAD
Total Assessment
$1,801,538 CAD
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