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7250 Market St
Wilmington, NC 28411

$2,332,000 USD

Auto Repair For Sale  •  1,174 SF

Property Details

  • Property Type Auto Repair
  • Total Building Size 1,174 SF
  • Lot Size 0.65 AC
  • Building Class C
  • Year Built 2023
  • Cap Rate 6.00 %
  • Tenancy Single
  • Zoning B-2
0 Transit Score
53 Walk Score

Highlights

Brand-new, state-of-the-art, 2023 construction
Absolute triple net lease | Zero landlord responsibilities
New, 15-year lease with 10% rent increases every 5 years throughout the initial term and options
Excellent access and visibility from Market Street which boasts 46,000 VPD
Contactless, “Stay in your Car, 10-Minute Oil Change” | COVID resistant concept with limited scope of work to avoid “upselling”
Affluent area | Average household income of $123,584 within a 3-mile radius

Property Flyers

Cap Rate: 6.00 %

Amenities

  • Pylon Sign
  • Signage

Public Transportation

AirportDriveWalkDistance
Wilmington International 17 min - 8.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 4
Type: Surface
Included in Rent: Yes
Ransome Foose 704-379-1985 Berkeley Capital Advisors
Ransome Foose 704-379-1985 Berkeley Capital Advisors