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1321-1329 E Innes St
Salisbury, NC 28146

$1,896,552 USD

Freestanding For Sale  •  8,000 SF

Property Details

• Property Type Freestanding
• Total Building Size 5,000 SF
• Lot Size 0.64 AC
• Building Class A
• Year Built 2016
• Cap Rate 7.25 %
• Tenancy Single
• Zoning C

0 Transit Score

55 Walk Score

Highlights

Corporate Backed Lease Featuring 10% Rental Increases at Each Option. Built-to-Suit Mattress Firm with Roof Warranty in Place up until 2030.

Features Easy Access and Excellent Visibility at the Hard Corner to Daily Traffic Counts in Excess of 41k Vehicles.

Direct Access off the I-85 (68k+ VPD) - Excellent Signage and a 4-way Signalized Intersection Enhances this Exposure.

With over 2,319 Stores across 49 States, Mattress Firm is the Nation’s Largest Multi-brand Mattress Retailer.

Tempur Sealy is currently under Agreement to Potentially Acquire Mattress Firm for $4 Billion.

W/in Innes Street Market - a 349k+ Sq.Ft. Shopping Center Anchored by Lowe’s and Food Lion with a strong Lineup of other National Retailers.

Cap Rate:

7.25 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Mattress Firm	5,000 SF	3/31/2031

Amenities

• Air Conditioning

Public Transportation

Commuter Rail	Drive	Walk	Distance
Salisbury Station (Piedmont - North Carolina by Train (NC Train))	3 min	-	1.2 mi
Airport	Drive	Walk	Distance
Concord-Padgett Regional	36 min	-	27.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	10
Type:	Surface
Included in Rent:	Yes