7580 Carpenter Fire Station Rd

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7580 Carpenter Fire Station Rd

Cary, NC 27519
Asking Price
Contact for price
Asset Type
Day Care/Nursery Retail
Class
Class B

What's Special

$200K AHHI within 1-Mile | 6.35% CAP | 13,504 SqFt <ul><li>​<span style="color: rgba(0, 30, 69, 1)">Fourteen Years Remaining on Absolute Triple-Net (NNN) Lease with Annual Rental Increases</span></li><li>​<span style="color: rgba(0, 30, 69, 1)">Multiple Renewal Options</span></li><li>​<span style="color: rgba(0, 30, 69, 1)">Approximately 11 Feeder Elementary Schools within a Five-Mile Radius</span></li><li>​<span style="color: rgba(0, 30, 69, 1)">Population in the Immediate Area is Projected to Increase More Than 8 Percent by 2030</span></li><li

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times