93 South Main Street, Marion, NC 28752

Stabilized NNN Retail Asset | 6.7% Cap | Downtown Marion, NC | In-Place Tenant

Price:

$750,000 (Negotiable)

Property Address:

91 & 93 South Main Street, Marion, NC 28752

📌 Executive Summary

Single-tenant NNN commercial asset located in the core of downtown Marion, NC. The property is leased to an established operator with a proven track record, providing stable in-place income and predictable cash flow.

This offering is positioned for investors seeking clean execution, immediate yield, and long-term appreciation in a growing downtown market.

💼 Investment Highlights

True NNN Lease – Minimal landlord responsibilities

Stabilized Cash Flow – Tenant in place, operating business

~6.7% Cap Rate (based on current NOI)

Two Parcels Included – Added long-term value

Downtown Social District Location – Strong foot traffic

Simple, Clean Deal Structure – No seller financing

📊 Financial Overview

Purchase Price: $750,000

NOI: ~$42,000 annually

Monthly Rent: ~$3,500

Lease Term: Through 2029

Lease Type: NNN

📈 Investment Thesis

Yield + Stability: Immediate income from established tenant

Low Management: NNN structure reduces operational burden

Location Upside: Positioned in Marion’s revitalized downtown corridor

Exit Flexibility: Attractive to both investors and owner-users at lease maturity

🔍 Asset Positioning

This asset is ideal for:

Passive investors seeking predictable income

1031 exchange buyers needing clean replacement property

Small portfolio investors targeting NNN retail exposure

Owner-users planning future occupancy post-lease

📍 Location Overview

Located on Main Street in Downtown Marion

Within the Social District (high walkability and activity)

Surrounded by retail, dining, and entertainment

Benefiting from ongoing downtown revitalization

🤝 Terms

Seller Financing: Available for Serious Buyers Only

Conventional / Commercial Financing Preferred

Price is negotiable for qualified buyers

Seller prioritizes clean, executable offers