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304 Central Ave
Butner, NC 27509

$824,320 USD

Freestanding For Sale  •  9,100 SF

Property Details

• Property Type Freestanding
• Total Building Size 9,100 SF
• Lot Size 0.88 AC
• Building Class B
• Year Built 2006
• Cap Rate 7.50 %
• Tenancy Single
• Zoning Commercial

40 Walk Score

Highlights

Approximately 5.25 Years of Guaranteed Lease Term Remaining (Lease Exp: 09/30/2031)

2006 Construction - Build-to-Suit Dollar General

Landlord Responsibilities Limited to Roof, Structure, HVAC and Parking Lot

Tenant Pays $525.82 Per Month ($6,309.84 Per Year) for Parking Lot Maintenance Expenses

Butner is Located Approximately: 15 Miles to Durham, NC; 28 Miles from Raleigh, NC; and 66 Miles from Greensboro, NC

7-Mile Demographics: 28,213 Residents | $129,506 Average Household Income

Cap Rate:

7.50 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Dollar General		9/30/2031

Amenities

• Pylon Sign

Public Transportation

Airport	Drive	Walk	Distance
Raleigh-Durham International	35 min	-	24.3 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	30
Type:	Surface
Included in Rent:	Yes