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    OFF-MARKET
    Retail properties & Spaces

    0 Address Undisclosed, Smithfield, NC 27593

    1 SF Built 2024
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2024
    Total area 1 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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