0 Sylva Rd Franklin, NC 28734

This exceptional investment opportunity presents a 5,967-square-foot Frito-Lay distribution center in Franklin, North Carolina. Located on an 8.95-acre lot at Sylva Rd, 28734, this property boasts a strong 10-year net lease with a corporate guarantee, commencing July 15, 2024, and expiring July 14, 2034. The current annual net operating income (NOI) stands at $278,796, representing a compelling 6.25% capitalization rate based on the $4,460,736 asking price. The building, constructed in 2024, enjoys 100% occupancy. The lease includes a 2% annual rent increase, ensuring consistent income growth. Two five-year renewal options extend the potential lease term significantly beyond the initial 10 years. This single-tenant, net-lease property offers a secure, long-term investment with a strong tenant and attractive financial metrics. The price per square foot is $747.57. This is a rare opportunity to acquire a high-quality, strategically located distribution center with a blue-chip tenant. The property's location in Franklin, NC provides excellent access to regional transportation networks, further enhancing its investment appeal. The property's robust financial performance and long-term lease make it an ideal addition to any diversified investment portfolio.