Cash flowing investment Princeville
1.4 Acre Cash flowing investment Oppty
Marketing description
Investment Opportunity | 511 S Main St, Princeville, NC
Fully Leased Retail Investment | 9.5% Cap Rate
This 1.4-acre corner commercial property offers immediate cash flow with 100% occupancy and a strong 9.5% cap rate, making it an attractive addition to any investment portfolio.
The property consists of two separate buildings totaling approximately 3,650 square feet and is occupied by two established tenants:
- Big Bones Meat Market, operating from the recently renovated main retail building.
- An automotive dealership/detail business occupying the second building.
Property Highlights
- Asking Price: $379,000
- NOI: $36,000
- Cap Rate: 9.5%
- 1.4 Acres
- 100% Occupied
- Two Buildings | Two Tenants
- Net Lease Structure
- High-visibility corner location on US Highway 258 (S Main St)
- Ample paved parking and room for future improvements
- Stable income-producing asset with value-add potential
This well-maintained property provides dependable cash flow with minimal landlord responsibilities under its net lease structure. Its prominent corner location and diverse tenant mix create long-term investment stability while offering future upside.
Whether you’re completing a 1031 exchange or looking to expand your commercial real estate portfolio, this property delivers an attractive combination of income, location, and long-term potential.
Price: $379,000
Investment highlights
Investment Opportunity | 511 S Main St, Princeville, NC
Fully Leased Retail Investment | 9.5% Cap Rate
This 1.4-acre corner commercial property offers immediate cash flow with 100% occupancy and a strong 9.5% cap rate, making it an attractive addition to any investment portfolio.
The property consists of two separate buildings totaling approximately 3,650 square feet and is occupied by two established tenants:
- Big Bones Meat Market, operating from the recently renovated main retail building.
- An automotive dealership/detail business occupying the second building.
Property Highlights
- Asking Price: $379,000
- NOI: $36,000
- Cap Rate: 9.5%
- 1.4 Acres
- 100% Occupied
- Two Buildings | Two Tenants
- Net Lease Structure
- High-visibility corner location on US Highway 258 (S Main St)
- Ample paved parking and room for future improvements
- Stable income-producing asset with value-add potential
This well-maintained property provides dependable cash flow with minimal landlord responsibilities under its net lease structure. Its prominent corner location and diverse tenant mix create long-term investment stability while offering future upside.
Whether you’re completing a 1031 exchange or looking to expand your commercial real estate portfolio, this property delivers an attractive combination of income, location, and long-term potential.
Price: $379,000
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