NNN Retail Financial Services
1304 S Scales St Reidsville, NC 27320
1304 S Scales St, Reidsville, NC, 27320
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For Sale
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Single-tenant retail property leased on a true NNN basis to Pledge Financial with a corporate credit profile.
Property Size2,800 SF
Price / SF$146.43
Days on Market211
Property Features for 1304 S Scales St
General Information
- Standard status
- Active
- Size
- 2,800 SF
- Property subtype
- RETAIL
Listing agency
NAI Piedmont Triad
(336) 337-0059
Listed by
Robbie Perkins, SIOR, CCIM
(336) 337-0059
Source
Moodyscre
Added: Dec 22, 2025 Updated: Jul 21 at 12:20PM Checked: Jul 21 at 12:20PM
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 NAI Piedmont Triad
Investment Insights
Based on property information with market context.
This for-sale retail property is leased to Pledge Financial, a multi-state pawn and financial services operator with 30+ retail locations under established brands, including Riverside Pawn. The lease is described as a true NNN structure, designed to shift operating responsibilities away from the landlord, supporting predictable income for long-term investors.
The offering is located at 1304 S Scales St in Reidsville, North Carolina.
The property size is 2,800 square feet, and the sale is structured around the existing corporate tenant and the NNN lease model.
The offering is located at 1304 S Scales St in Reidsville, North Carolina.
The property size is 2,800 square feet, and the sale is structured around the existing corporate tenant and the NNN lease model.
Key Highlights
- Single‑tenant retail property leased to Pledge Financial
- True NNN lease structure with minimal landlord responsibilities
- Pledge Financial operates 30+ retail locations under multiple brands, including Riverside Pawn
Local Financial Insights For 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 | $42.0k | $15.00 |
| − Vacancy | −$2.6k | −$0.94 |
| EGI | $39.4k | $14.06 |
| − OpEx | −$11.8k | −$4.22 |
| NOI | $27.6k | $9.84 |
2,800 SF · lease $15.00/SF/yr · vacancy 6.29% · expense 30.00%
Alternative Uses
Best Use
Retail
$393.6K
$344.4K – $459.2K
NOI $27,551 @ 7.0% cap · market cap 6.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$923.2K
$807.8K – $1.08M
NOI $64,621 @ 7.0% cap · market cap 15.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Riverside Pawn
Discount Store
Similar For Sale Nearby
FAQs
What type of property is this?
NNN property - Single-tenant retail property leased on a true NNN basis to Pledge Financial with a corporate credit profile.
Where is this nnn property located?
The property is located at 1304 S Scales St Reidsville, NC.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: Single‑tenant retail property leased to Pledge Financial; True NNN lease structure with minimal landlord responsibilities; Pledge Financial operates 30+ retail locations under multiple brands, including Riverside Pawn
