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1304 W Pine St
Mount Airy, NC 27030

Price Upon Request

Convenience Store For Sale  •  2,400 SF

Property Details

  • Property Type Convenience Store
  • Total Building Size 2,400 SF
  • Lot Size 0.62 AC
  • Building Class C
  • Year Built 1987
  • Tenancy Single
  • Zoning B4
0 Transit Score
40 Walk Score

Highlights

Attractive 20 Year Triple Net (NNN) Lease With 2% Annual Increases to Hedge Against Inflation
Guarantor: 50+ Unit Operator With $100MM in Revenue, $20MM in Ebitdar and $75MM Personal Guarantee
Property Immediately Qualifies For Accelerated Depreciation
Excellent Ingress/Egress With Multiple Points of Entry on a Signalized Corner Lot
Tenant Making Improvement Into Site Showing Commitment to the Site
Great Visibility For Site With W Pine Street Seeing Over 13,891 VPD

Major Tenants

Tenant SF Occupied Lease End Date
Standard Service Stations 2,400 SF 3/3/2042

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 4
Type: Surface
Included in Rent: Yes