Bill Boyd (919) 270-8230 121 Chatham St 5,500 SF | Retail Building | Sanford, NC | $1,200,000 ($218/SF) | 5.11% Cap Rate INVESTMENT HIGHLIGHTS Long term tenant with 6 years remaining and renewal options. • Permanent easement providing fantastic courtyard patio dining space. • OFFERING Fully leased 5,000 ft2 retail building in Downtown Sanford, NC Offered at $1,200,000 CAP Rate 5.11%
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Bill Boyd
(919) 270-8230
121 Chatham St5,500 SF | Retail Building | Sanford, NC | $1,200,000 ($218/SF) | 5.11% Cap Rate
INVESTMENT HIGHLIGHTS
Long term tenant with 6 years remaining andrenewal options.
• Permanent easement providing fantasticcourtyard patio dining space.
•
OFFERINGFully leased 5,000 ft2 retail building in Downtown Sanford, NC
Offered at $1,200,000 CAP Rate 5.11%
Bill
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PROPERTY FACTS
Sale Type
Property Type
Property Subtype
Building Size
Building Class
Year Built
Price
Investment NNN
Retail
Restaurant
5,500 SF
C
1957
$1,200,000
Price Per SF
Cap Rate
NOI
Tenancy
Building Height
Building FAR
Land Acres
$218
5.11%
$61,320
Single
2 Stories
0.97
0.13 AC
Zoning
Opportunity Zone
CBD
Yes
AMENITIES
Courtyard•
Restaurant•
Tenant Controlled HVAC•
Air Conditioning•
Newly installed roof
5,000ft2
Bill
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TRAFFIC
6,648
5,807
2,872
16,75015,008
19,839
19,839
5,223 2,736
Report a map errorMap data ©2021
COLLECTION STREET CROSS STREET TRAFFIC VOLUME YEAR DISTANCE
Carthage St Charlotte Ave, NE 6,648 2020 0.13 mi
Hawkins Ave E Buffalo St, NW 5,807 2020 0.22 mi
Charlotte Ave S 3rd St, E 2,872 2020 0.23 mi
S Horner Blvd Wicker St, SE 19,839 2020 0.24 mi
S Horner Blvd Cole St, SE 19,839 2020 0.26 mi
N Horner Blvd Saint Clair Ct, No 16,750 2020 0.26 mi
COLLECTION STREET CROSS STREET TRAFFIC VOLUME YEAR DISTANCE
N Horner Blvd Saint Clair Ct 15,008 2018 0.26 mi
Saint Clair Ct N Horner Blvd 17,081 2015 0.26 mi
Hawkins Avenue E Buffalo St, SE 5,223 2020 0.28 mi
N 3rd St North Ave, N 2,736 2020 0.33 mi
WALK SCORE ®Very Walkable (73)
PROPERTY TAXES
Parcel Number 9643-70-4194-00 ImprovementsAssessment
$580,700
Land Assessment $54,700 Total Assessment $635,400
MAP OF 121 CHATHAM ST SANFORD, NC 27330
Listing ID: 22853642 Date Created: 4/27/2021 Last Updated: 4/27/2021
ADDITIONAL PHOTOS
Building Photo Building Photo
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