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4507 Main St
Shallotte, NC 28470

$2,064,480 USD

Auto Repair For Sale  •  1,425 SF

Property Details

• Property Type Auto Repair
• Total Building Size 1,425 SF
• Lot Size 0.47 AC
• Building Class C
• Year Built 2024
• Cap Rate 6.25 %
• Tenancy Single
• Zoning HB

0 Transit Score

51 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 the base term and all option periods

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

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

Cap Rate:

6.25 %

Amenities

• Drive Thru

Public Transportation

Airport	Drive	Walk	Distance
Wilmington International	56 min	-	39.1 mi
Myrtle Beach International	63 min	-	44.9 mi