Wells Fargo | Dobson, NC

Agent Info

Matt Weber

248.702.0285
mweber@encorereis.com

Deno Bistolarides

248.702.0288
denob@encorereis.com

Brandon Hanna

248.702.0290
bhanna@encorereis.com

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Offering Information

105 North Crutchfield Street
Dobson, NC 27017

  • Price: $825,000
  • Cap. Rate: 6.36%
  • NOI: $52,500
  • Building Size: 4,000SF
  • Lot Size: .76 AC

Investment Highlights

  • Recently Executed 5 Year Lease Renewal - Dec 2016 - 2021
  • Corporate Guarantee by Wells Fargo - “A” - Standard & Poor’s Rating
  • Absolute Net Lease (NNN) - Zero Landlord Management Responsibilities
  • Four (4) Five-Year Options to renew The Lease
  • $ 36 Million In Deposits
  • Average Household Income Exceeds $48,000 Within 5 Miles of Subject Property
  • Population Exceeds 9,000 People Within a Five Mile Radius
  • Dobson is the County Seat of Surry County