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Destination Pet
Destination Pet | Greensboro, NC | 7.00% CAP | 15,256 SF
Listing Contacts
See All (3)
License: NY NY 10491209253
License: FL FL SL3466868
Active
Asking Price: $2,920,000
Address
15 Battleground Ct, Greensboro, NC 27408
Show on MapDate Added
Aug 8, 2024
Days on Market
224 days
Time Since Last Update
8 days
Details
Property TypeRetail
SubtypeDay Care/Nursery
Lease TypeNNN
Lease Term15.1 years
Lease Commencement11/04/2021
Lease Expiration11/30/2036
Remaining Term11.7 years
Square Footage15,256
Price/Sq Ft$191.40
Cap Rate7.00%
NOI$204,372
Year Built2016
Lot Size (acres)1.07
Rent Bumps10.00% Every 5 Years
Lease Options3; 5-Year
Marketing Description
Exclusively Listed By:
Camille Renshaw | 646.770.0659 | crenshaw@tradenetlease.com
Scott Scurich | 646.770.0659 | sscurich@tradenetlease.com | NC License #329644
Investment Highlights
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15-YEAR ABSOLUTE NNN LEASE | 10.00% RENT INCREASES
-
DESTINATION PET | LEADING PET CARE PROVIDER
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EXCELLENT VISIBILITY & ACCESSIBILITY | OVER ± 106,000 VPD
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DENSE RETAIL CORRIDOR | NATIONAL TENANTS
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RECESSION-RESISTANT PROPERTY
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LARGE OFFICE MARKET | 10.6M SF OFFICE INVENTORY
Valuation Calculator
Valuation Calculator
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$204,372.00
$17,031.00/mo
Valuation Metrics
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0
DSCR
7%
Cap Rate
7%
ROI
Property History
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Due Diligence
Listing Contacts
See All (3)- License: NY NY 10491209253
- License: FL FL SL3466868
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