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 |