121 Chatham St
121 Chatham St
Property for Sale
Sanford, NC
Price: | $ 1,200,000 |
Space Size: | 5,500 SF |
Rent (SF/Yr): | $ 218 |
Property Type: | Retail |
5,500 SF Retail Building / $ 1,200,000 ($218/SF) / 5.11% Cap Rate
INVESTMENT HIGHLIGHTS
- Long term tenant with 6 years remaining and renewal options.
- Permanent easement providing fantastic courtyard patio dining space.
AMENITIES
- Courtyard
- Restaurant
- Tenant Controlled HVAC
- Air Conditioning
Building Size | 5,500 SF |
Sale Type | Investment NNN |
Property Type | Retail |
Property Subtype | Restaurant |
Building Class | C |
Year Built | 1957 |
Price | $1,200,000 |
Price Per SF | 218 |
Cap Rate | 5.11% |
NOI | $61,320 |
Tenancy | Single |
Building Height | 2 Stories |
Building FAR | 0.08 |
Land Acres | .13 AC |
Zoning | CBD |
Opportunity Zone | Yes |
PROPERTY TAXES
Parcel Number 9643-70-4194-00
Land Assessment $ 54,700
Improvements Assessment $ 580,700
Total Assessment $ 635,400
Additional Information:
Listing ID: | 121 Chatham St |
County: | Sanford |
Year Established: | 1957 |
Sale Type: | Investment |
Zoning: | CBD |
Building Class: | B |
APN/Parcel ID: | 9643-70-4194-00 |