Property profile

200-202 Nash St Louisburg, NC 27549

OFF-MARKET
Retail properties & Spaces
5,025 SF Built 1925
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Property summary

AI-generated overview

This exceptional investment opportunity presents a fully leased, multi-tenant retail property located in the heart of downtown Louisburg, North Carolina. The property, situated at 200-202 E Nash St, encompasses 5,025 square feet across two units and sits on a single story building constructed in 1925, extensively renovated in 2020. The property is zoned B-1, allowing for a variety of commercial uses. Currently operating at 100% occupancy, the property features a thriving restaurant in Suite 200, boasting 3,780 square feet of space, and an additional 1,245 square feet of retail space in Suite 201. A significant investment in new kitchen appliances and bar equipment, valued at $200,000, will transfer to the new owner, representing a substantial turnkey advantage. The lease structure is NNN, with a multi-tenant occupancy and a lease expiration date of April 29, 2028. The asking price is $824,000, offering a compelling 7.50% cap rate. This property presents a rare opportunity to acquire a well-established, high-performing commercial property in a desirable downtown location with significant upside potential. The property's strong tenant base, modern renovations, and prime location make it an ideal investment for discerning buyers seeking a stable and profitable addition to their portfolio. The property's location in Franklin County, North Carolina, offers easy access to major transportation routes and a thriving local community.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1925
Total area 5,025 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

200-202 Nash St Louisburg, NC 27549
Louisburg metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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