1009 Jamestown Road

    Morganton, NC 28655
    • $2,300,000
    • STATUS: Active
    • ON SITE: 266 days
    • ID#: 3546741
    UPDATED: 14 min ago
    $2,300,000
    • 0
      BEDS
    • 1.29
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,631
      SQFT
    • $633
      $/SQFT
    Type:
    Commercial
    Built:
    2004
    County:
    Area:

    School Ratings & Info

    Offered by Whitney Commercial Real Estate. Copyright 2020 Canopy MLS. All rights reserved.

    Description

    Excellent sale-leaseback opportunity at a 7% CAP Rate. Existing lease to be reset upon purchase. This well-maintained and established convenience store has been owned and operated by the same owner since it was built in 2004. The business has remarkable sales. Being the only convenience store within +/- 2 miles on Exit 100, it makes it one of the most popular stops for travelers and commuters. +/- 1.29 acre site is subject to subdivision. Adjacent +/- 8.91 also available. Call for more details on the lease term and store financials. Confidentiality Agreement will need to be executed by all parties interested.

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    Based on information submitted to the MLS GRID as of 2020-05-27T23:58:58.453 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Keller Williams Lake Norman nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2020 Canopy MLS.

    Digital Millennium Copyright Act
    www.thesarvergroup.com/homes/98626311

    1009 Jamestown Road Morganton, NC 28655

    • Price: $2,300,000
    • Status: Active
    • Updated: 14 min ago
    • ID#: 3546741
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.29
    Acres
    3,631
    SQFT
    $633
    $/SQFT
    2004
    Built
    County:
    Burke
    Area:
    Morganton
    Property Description
    Excellent sale-leaseback opportunity at a 7% CAP Rate. Existing lease to be reset upon purchase. This well-maintained and established convenience store has been owned and operated by the same owner since it was built in 2004. The business has remarkable sales. Being the only convenience store within +/- 2 miles on Exit 100, it makes it one of the most popular stops for travelers and commuters. +/- 1.29 acre site is subject to subdivision. Adjacent +/- 8.91 also available. Call for more details on the lease term and store financials. Confidentiality Agreement will need to be executed by all parties interested.
    Exterior Features

    Parking Total 41 Road Frontage Type State Road Roof Aluminum

    Interior Features

    Building Area Total 3631 Cooling Central Air Flooring Vinyl Heating Natural Gas Stories Total 1 Utilities City SewerCity WaterElectricity AvailableNatural Gas Available

    Property Features

    Inclusions N/A Listing Terms CashConventional New Construction YN No Property Sub Type Commercial Special Listing Conditions None Structure Type Fstan/Ret Tax Assessed Value 1526466



    Based on information submitted to the MLS GRID as of 2020-05-27T23:58:58.453 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Keller Williams Lake Norman nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2020 Canopy MLS.

    Digital Millennium Copyright Act
     
    Keller Williams Lake Norman
    19721 Bethel Church Rd
    Cornelius NC, 28031
    Offered by Whitney Commercial Real Estate. Copyright 2020 Canopy MLS. All rights reserved.