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Nationally Recognized Supermarket on Combined Ground/NNN Lease Listings For Sale as Investment

291 Talbert Blvd., Lexington, NC, 27292, USA

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FOR SALE
Property Type:
Neighborhood Center
Amount:
$1,000,000 to $2,000,000
Cap Rate:
9.00%
Last Verified:
Sep 20, 2012

Comments/Additional Features

291 Talbert Blvd., in Lexington, NC is a combined listing of a ground lease and a NNN lease with a Food Lion Supermarket as the major tenant. The parcel is priced at a 9% CAP rate with a five (5) year lease with four (4) additional five (5) year options. The shopping center sits at a busy commercial intersection surrounded by nationally recognized retailers and business: Burger King, Roses Department Store, Dollar General and Rent-a-Center. The location is one block from downtown on Raleigh Road, which is a 2-mile connector road between I-85 and I-85 business exits.

Additional URLs

Map of 291 Talbert Blvd., Lexington, NC, 27292, USA

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