Address Undisclosed Smithfield, NC 27593
- Retail properties
- 1 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Address Undisclosed
- Year built
- 2024
- Property size
- 1 SF
- Property type
- Retail properties
- Property subtype
- Grocery and convenience stores
Description
This exceptional convenience store, built in 2024, presents a lucrative investment opportunity in the thriving town of Smithfield, near Pinehurst, North Carolina. Located in Montgomery County (zip code 27593), this retail property boasts a total area of 1 square foot and is offered at an asking price of $158,000. The property features four gas pumps, ensuring a steady stream of customers. The current lease agreement spans five years, with attractive renewal options available. Specifically, there are two to five-year options to renew the lease, each renewal accompanied by a 10% increase in rent. This turnkey operation is ideal for an investor seeking immediate returns and long-term growth potential in a desirable North Carolina location. The property's strategic location near Pinehurst, a renowned golf destination, further enhances its appeal and potential for high foot traffic and sales. Given its recent construction and established infrastructure, this convenience store requires minimal capital investment to begin generating revenue. The asking price of $158,000 represents an exceptional value for a property of this type in this market. This is a rare opportunity to acquire a profitable, established business with significant upside potential. The property's address is undisclosed for confidentiality reasons.
Value Estimations
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Smithfield
- County
- Montgomery
- State
- North Carolina
- Longitude
- -78.3568
- Latitude
- 35.583