250 Mcdougall Drive
West End, NC 27376

Description

Fantastic investment opportunity! This 6000 sq ft. of heated and cooled space is currently leased to Servpro of Moore County on a long term lease through April of 2021. The current lease amount is $33,600 per year with a 2% increase each subsequent year thereafter. Owner pays taxes and insurance and tenant pays utilities,general maintenance and tenant insurance. Over an 8% cap rate!

Details

MLS#189858
StyleIndustrial
Sub-TypeResale
StatusActive
Year2009
Days On Site258

Features

SQ Feet6,000
Story(s)1

Loading Form

Loading Form

Area Information

StateNC
CountyMoore
CityWest End
Zip Code27376
Listing VS Median (in 27376)
Price:
$370,000
low | high
Med:
$87,500
100% of Average
SqFt:
6,000
low | high
Med:
0
100% of Average
$ / SqFt:
$62
low | high
Med:
$0
100% of Average
On Site:
258
low | high
Med:
885
29.152542372881% of Average
Listing Updated: 04/22/2019
MLS Number: 189858
Listing Provided By:
John J Williams  of  The Property Center INC.