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1115 Hatches Pond Ln
Morrisville, NC 27560

$2,292,000 USD

Freestanding For Sale  •  1,800 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 1,874 SF
  • Lot Size 0.72 AC
  • Building Class A
  • Year Built 2020
  • Cap Rate 6.00 %
  • Tenancy Single
  • Zoning GCP
0 Transit Score
63 Walk Score

Highlights

Absolute Net Ground Lease
Desirable lease term | 10.5+ years remaining
Guaranty from Ozark Custard, LLC | 10 units
Great visibility from Davis Dr | 25,500 VPD
Outparcel to Wegmans | 103,000 SF of retail space
Located inside of dense retail corridor | 1.3M SF within a 2-mile radius
Cap Rate: 6.00 %

Public Transportation

Commuter RailDriveWalkDistance
Cary Station (Piedmont - North Carolina by Train (NC Train)) 11 min - 5.7 mi
AirportDriveWalkDistance
Raleigh-Durham International 14 min - 6.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 33
Type: Surface
Included in Rent: Yes
Ransome Foose 704-379-1985 Berkeley Capital Advisors
Ransome Foose 704-379-1985 Berkeley Capital Advisors