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32445058
32445059

117 Morrison Road, Elkin, NC 28621 For Sale

PN
NC No. 281618, FL BK3120739
SRS Real Estate Partners Tampa
MB
GA 385824
SRS Real Estate Partners Atlanta
SW
GA 402999
SRS Real Estate Partners Atlanta
WW
FL SL3257920
SRS Real Estate Partners Tampa
Listed by SRS Real Estate Partners Tampa, SRS Real Estate Partners Atlanta
$4,978,000
68 days on market
Updated 54 days ago

Dunkin & Aspen Dental - Elkin NC

Details
Property Type Retail
Sub Type QSR/Fast Food, Storefront
Square Footage 5,420
Units 33
Cap Rate 5.75%
NOI $286,250
Occupancy 100%
Tenancy Multi
Brand/Tenant Dunkin', Aspen Dental
Lease Type NNN
Rent Bumps Yes
Year Built 2026
Acreage 1.120
Zoning Highway Business
Investment Type Net Lease
Ground Lease No

Retail | 5.75% CAP | 5,420 SqFt

Investment highlights

  • 100% Occupied | Net Leases | Options to Extend | WALT - 10+ Years |Scheduled 10% Rental Increases | Ecommerce Resistant Tenant Mix
  • Brand-New 2026 Construction | Drive-Thru Equipped Dunkin Site
  • Signalized, Hard Corner Intersection | Centralized Location | Gateway to Yadkin Valley Wine Region | Interstate 77 (34,500 VPD)
  • Strong National/Credit Tenants | Dense Retail Corridor |Adjacent to Walmart Supercenter (2.2M Visitors per Year)
  • Strong Demographics In Local Trade Area | Six Figure Incomes

Listing Contacts

PN
NC No. 281618, FL BK3120739
SRS Real Estate Partners Tampa
MB
GA 385824
SRS Real Estate Partners Atlanta
SW
GA 402999
SRS Real Estate Partners Atlanta
WW
FL SL3257920
SRS Real Estate Partners Tampa
Listed by SRS Real Estate Partners Tampa, SRS Real Estate Partners Atlanta

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$286,250.00
$23,854.17/mo

Valuation Metrics

0
DSCR
5.75%
Cap Rate
5.75%
ROI

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Property History

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Additional Information

Name
Patrick Nutt
License
NC License No. 281618
Brokerage
SRS Real Estate Partners-SoFlo LLC
Title
Broker of Record
Name
Patrick Nutt
License
No. 281618
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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