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3209 NC 87 S
Sanford, NC 27332

$2,664,080 USD

Supermarket For Sale  •  35,000 SF

Property Details

• Property Type Supermarket
• Total Building Size 1,075 SF
• Lot Size 3.91 AC
• Building Class A
• Year Built 2024
• Cap Rate 6.25 %
• Tenancy Single
• Zoning C-2

0 Transit Score

43 Walk Score

Highlights

Brand new 2024 build to suit construction

15-Year absolute NNN lease with zero landlord responsibilities

Rent commencement date shall be the close of escrow

10% rent increases every 5 years beginning in year 6 and continuing through all option periods

The subject property qualifies for bonus depreciation (discuss with a tax professional)

Full term guarantee from an established franchise (±45 location by year end)

Cap Rate:

6.25 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Lidl