Absolute NNN Bank
For Sale
Contact for pricing
Pending
175 N Fayetteville St, Asheboro, NC 27203
Bank facility leased under an absolute NNN structure with extended term and scheduled annual rent increases.
Property Size4,499 SF
Days on Market230
Property Features for 175 N Fayetteville St
General Information
Standard status
Pending
Size
4,499 SF
Property subtype
Retail
Lease Type
Absolute Net
Investment Type
Core
Building Details
Year Built
1978
Tenancy
Single
Listing Agency:
JLL - New York City, New York
Listed By:
Alex Geanakos · License #IL: #475.189621
Source:
Crexi
Added: Jan 12
Changed: Aug 30
Last Checked: Aug 30 at 12:41PM
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 JLL - New York City, New York
Investment Insights
Based on property information with market context.
The property is a 4,499-square-foot bank facility constructed in 1978 and occupied by Pinnacle Bank. The asset is leased on an absolute NNN basis, with no landlord responsibilities identified in the lease structure.
The primary lease term has approximately 11.8 years remaining and includes 1.9% annual rent escalations. The agreement also provides two five-year renewal options. The property is located at 175 N Fayetteville St in Asheboro, North Carolina.
The primary lease term has approximately 11.8 years remaining and includes 1.9% annual rent escalations. The agreement also provides two five-year renewal options. The property is located at 175 N Fayetteville St in Asheboro, North Carolina.
Key Highlights
- 4,499‑square‑foot bank facility built in 1978
- Absolute NNN lease with zero landlord responsibilities
- Approximately 11.8 years of primary lease term remaining
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,482
Businesses Nearby
32k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 82%
Dining 16%
Home Improvements & Furnishings 2%
Dollar General
Shops & Services
10,726 visits/mo
0.5 miles
AutoZone
Shops & Services
4,929 visits/mo
0.3 miles
Family Dollar
Shops & Services
4,503 visits/mo
0.3 miles
Domino's Pizza
Dining
3,824 visits/mo
0.3 miles
Sunoco
Shops & Services
2,602 visits/mo
0.4 miles
Demographics for 27203, NC
21,869
Population
9,937
Households
2.2
Avg Household Size
37
Median Age
17%
College-Educated
81%
High-School Grad
22.5 sq mi
ZIP Area
972
Density / Sq Mi
$47,506
Median Household Income
$32,900
Median Earnings
$852
Median Rent
$141,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Bank facility leased under an absolute NNN structure with extended term and scheduled annual rent increases.
Where is this nnn property located?
The property is located at 175 N Fayetteville St Asheboro, NC.
What are key features of this property?
This property features: 4,499‑square‑foot bank facility built in 1978; Absolute NNN lease with zero landlord responsibilities; Approximately 11.8 years of primary lease term remaining
