Waynesville, NC - GPM Investments, LLC
$3,408,000
1980 Dellwood Drive, Waynesville, NC 28786
For Sale
Retail
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
Location

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