UNC Chapel Hill | 10 Year Absolute Net Lease

Agent Info

Brandon Kassab

248.702.0292
bkassab@encorereis.com

Deno Bistolarides

248.702.0288
denob@encorereis.com

Brandon Hanna

248.702.0290
bhanna@encorereis.com

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Offering Information

412 East Main St
Carrboro, NC 27510

  • Price: $1,309,090
  • Cap. Rate: 5.50%
  • NOI: $72,000
  • Building Size: 1,769SF
  • Lot Size: .67 AC

Investment Highlights

  • Long Term Absolute NNN Lease Requires No Landlord Responsibility
  • Excellent Store Sales & Operating History
  • This Site Serves the main Campus of University of North Carolina at Chapel Hill
  • Over 17,000 Daytime Employees in a 1-Mile Radius of the Subject Property
  • Over 18,000 Permanent Residents in a 1-Mile Radius of the Subject Property
  • Low Rent to Sales Ratio Highlights Tenant Profitability
  • Recent Remodel With Brand New Roof & Siding