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Waynesville, NC - GPM Investments, LLC

$3,408,000

1980 Dellwood Drive, Waynesville, NC 28786

Active
Last Updated: 02/16/2025

6

Cap Rate

204,493

NOI

Details:
Cap Rate:    6%
NOI:    $204,493
Building Size:    2,550 sqft
Lot Area:    1.04 acres
Occupancy:    100%
Year Built:    1997
Description:

• The lease features a corporate guaranty by GPM Investments, a reputable brand with 3,200+ units nationwide and S&P B+ credit score
• 13 years of lease term remaining on the original 15 year base term
• 10% rental increases every five years

• The asset benefits from excellent accessibility, providing two points of access off US Highway 276
• Witin a 2-mile radius of the subject property there are two schools; Haywood Christian Academy & Shining Rock Classical Academy

Map:
Location
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