100 Gardner Farm Ln Currituck, NC 27929

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.