Petco | Henderson, NC
$5,825,000
160 Us 158 Byp, Henderson, NC 27537
6
Cap Rate
349,412
NOI
Details:
Description:
Absolute NNN Lease -
This property has an absolute NNN lease with zero LL responsibilities. Investors will appreciate the annual rent bumps, corporate guarantee, and 13 years of term remaining.
Newly Built Location -
This Petco location was built in 2023 and has nearly a 2-acre lot. This location features highway visibility, ample parking, and great signage.
High-Demand Market -
Henderson is just over an hour north of Raleigh and close to the Virginia border. The local retail market has a low vacancy rate of 0.7% with nothing currently under construction.
Prime Retail Location -
The property is located on a major throughway where it receives excellent visibility and accessibility. Located in close proximity to several retailers including Walmart, Lowe's, Marshalls, Walgreens and many others.
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Documents:
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Petco___Henderson__NC_OM.pdf | ||
Petco___Henderson__NC_OM.pdf |
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