5701 West Gate City Boulevard

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5701 West Gate City Boulevard

Greensboro, NC 27407
Asking Price
$3.04M
Cap Rate
5.75%
Asset Type
Storefront Retail
Class
Class B

What's Special

Absolute NNN 20 Year Lease | 5% Increases | Corporate Guaranty <ul><li>​<span style="color: rgba(0, 30, 69, 1)">Brand New 20-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty</span></li><li>​<span style="color: rgba(0, 30, 69, 1)">5% Rental Increases Every Five Years with Multiple Renewal Options</span></li><li>​<span style="color: rgba(0, 30, 69, 1)">Mavis Offers a Menu of Additional Services Including Brakes, Alignments, Oil Changes, Suspension, Shocks, Struts, Battery Replacement, and Exhaust Work</span></li><li>​<span style="color: rgba(0, 30

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NOI
$80,000
Cap Rate
2.63%
DSCR
0.44
Underwater
Cash-on-Cash
-11.03%
Monthly Payment
$15,057.469
Annual Cash Flow
$-100,689.623

Location & Travel Times