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100 Gardner Farm Ln Currituck, NC 27929

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For Sale
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Prime Retail Location, High ROI Potential

Property size:
10,532 SF

Property Features for 100 Gardner Farm Ln

General Information

Property type
Grocery and convenience stores
Square Feet
10,532 SF
Class
A
Lot Size
87,120 SF

Building Details

Year Built
2022
Buildings
1
Stories
1
Units
1

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Listing Contact
Alex Rich
Alex Rich

Listing Agency: Rich Company Listing Agent: Alex Rich

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Exceptional investment opportunity in Currituck, NC, featuring a vacant 10,532 square foot Class A grocery store building on a 2-acre lot. Built in 2022, this property boasts modern amenities including LED lighting, four Carrier HVAC units with natural gas, a sprinkler system, a dumpster corral, a pylon sign, and 37 parking spaces with LED lighting. The building offers a large retail floor space of approximately 8,500 square feet, two restrooms, an office, and rear warehouse/storage. The property is zoned for General Business and features a metal roof. The asking price is $1,975,000, representing a 6.83% cap rate with a current NOI of $134,925. A 10-year NNN lease with 8 years remaining was previously in place with a national tenant. The seller reserves the right to buy out the remaining lease for $1,135,000. This turnkey property presents a unique opportunity for owner-occupancy or lease to a new tenant. The property's address is 100 Gardner Farm Ln, Currituck, NC 27929. The APN is 0050000125B0000.
Property Profile Location Intelligence

Current Use by Public Records

Grocery and convenience stores

Suggested Use

Auto Repair Shop Food Market HVAC Service Discount Store (Bike/Boat/Book/etc) Store Travel Agency Farmer's Market Fish Market

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Currituck
County
Currituck
State
North Carolina
Longitude
-76.0213352
Latitude
36.4490673

FAQs

What type of property is this?
Grocery and convenience store - Prime Retail Location, High ROI Potential
Where is this grocery and convenience store located?
The property is located at 100 Gardner Farm Ln Currituck, NC.
What is the asking price?
The asking price for this property is $1,975,000.
What are key features of this property?
This property features: $1,975,000 asking price for a vacant, 10,532 square foot Class A retail building.; Located at 100 Gardner Farm Ln, Currituck, NC 27929, on a 2-acre lot with 37 parking spaces.; Former Dollar Tree location, built in 2022, with a 10-year NNN lease expiring 11/30/2032 (8 years remaining).
(252) 256-1279 Call to check price and availability
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