$600,000
2403- 2411 East Bessemer Ave. GSO For Sale
Details
Property Type Retail, Industrial
Sub Type Auto Shop, Flex
Square Footage 2,577
Net Rentable (SqFt) 2,577
Cap Rate 5.68%
NOI $34,073
Occupancy 100%
Tenancy Multi
Lease Type Gross
Lease Term 2
Lease Expiration 06/30/2027
Remaining Term 0.9
Price per SqFt $233
Year Built 1964
Buildings 2
Acreage 0.630
Zoning Commercial
Investment Type Redevelopment
Lease Commencement 07/01/2025
Ground Lease No
Sale Condition For sale by owner
Four parcel package including an auto repair shop, an office, and parking areas available for sale.
Marketing description
Four parcel package including an auto repair shop, an office, and parking areas available for sale. The addresses are 2403, 2407, 2409 and 2411 E. Bessemer Ave. Please contact NexGen Management Co. at 336-841-8800 with any inquiries!
Investment highlights
Four parcel package including an auto repair shop, an office, and parking areas available for sale. The addresses are 2403, 2407, 2409 and 2411 E. Bessemer Ave. Please contact NexGen Management Co. at 336-841-8800 with any inquiries!
Listing Contacts
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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$34,073.00
$2,839.42/mo
Valuation Metrics
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DSCR
5.68%
Cap Rate
5.68%
ROI
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