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2526 Blacksburg Rd

9,026 SF Retail Building Grover, NC 28073 $1,557,030 CAD ($173 CAD/SF) 7.25% Cap Rate

Retail Buildings North Carolina Grover 2526 Blacksburg Rd, Grover, NC 28073

Investment Highlights

  • The property features a 15-year lease expiring in 2030.
  • The subject property serves as a convenience and merchandise retailor, which positions it for success given the lack of other retailors in the immedia
  • There are five 5-year options left with a 10% rent increase with each option.

Attachments

Grover, NC Dollar General - OM

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,026 SF
Building Class
B
Year Built
2015
Price
$1,557,030 CAD
Price Per SF
$173 CAD
Cap Rate
7.25%
NOI
$112,885 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
2.44 AC
Zoning
Commercial
Parking
8 Spaces (0.89 Spaces per 1,000 SF Leased)
1 of 1

PROPERTY TAXES

Parcel Numbers
Multiple
  • 4381
  • 62809
 Improvements Assessment $673,664 CAD
Land Assessment $198,447 CAD Total Assessment $872,111 CAD

PROPERTY TAXES

Parcel Numbers
Multiple
  • 4381
  • 62809
Land Assessment
$198,447 CAD
Improvements Assessment
$673,664 CAD
Total Assessment
$872,111 CAD
(612) 227-0757

Contacts

  • Listing ID: 33453416

  • Date on Market: 2024-10-08

  • Last Updated:

  • Address: 2526 Blacksburg Rd, Grover, NC 28073

The Retail Property at 2526 Blacksburg Rd, Grover, NC 28073 is currently available for sale. Contact Upland Real Estate Group, Inc. for more information.

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2526 Blacksburg Rd
(612) 227-0757 x

2526 Blacksburg Rd

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Joshua Huempfner

(612) 227-0757

(612) 227-0757

Sam Gerlach

(612) 991-8884

(612) 991-8884

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