3459 US 1 Highway, Franklinton, NC 27525
Retail space with drive-thru, high visibility, and equipment.
- Added:
- Dec 30, 2013
- Days on Market:
- 4571
- Last Refresh:
- May 13 at 8:26 pm
Property Features for 3459 US 1 Highway
General Information
- Standard status
- Active
- Size
- 2,288 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1965
Listing office Brassfield Realty (919) 494-4040
Listing date Dec 30, 2013
Source Xome
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Brassfield Realty
HighLights
- Great visibility from US‑1 & Hwy 56 with high traffic counts.
- ABC Permit Available.
- Built‑in and covered drive‑thru.
- Fully equipped with walk‑in cooler and freezer.
- Pole sign.
- Zoning: C3H
Overview
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $64.5k | $28.20 |
| − Vacancy | −$3.5k | −$1.55 |
| EGI | $61.0k | $26.65 |
| − OpEx | −$15.2k | −$6.66 |
| NOI | $45.7k | $19.99 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Franklinton
- County
- Franklin
- State
- North Carolina
- Longitude
- -78.4665346
- Latitude
- 36.1024925
