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Commercial For sale Special Purpose Special Purpose (Other)

Commercial Property for Sale in Jamestown North Carolina 27282

5121 Mackay Rd, Jamestown, North Carolina 27282

$1,862,471
$237 / sq ft 7% cap rate Listed Sep 3, 2024
7,844 sqft
Building
7,844 sqft
Lot
1989
Built
1
Stories
1
Units
Class B
Class

About this property

Commercial Property for Sale in Jamestown North Carolina 27282 is a special purpose for sale in Jamestown, North Carolina, listed at $1,862,471. Key details: year built 1989, building size 7,844 sqft, lot size 7,844 sqft, stories 1. Listed by Tim Westfall of Echo West Capital Advisors on LoopingCloud and last updated September 3, 2024.

This property is an ideal hands-off investment with an Absolute NNN lease structure, eliminating landlord responsibilities. Backed by Childcare Network, the largest daycare operator in North Carolina with 77 locations, the property is strategically positioned in a high-demand market where the U.S. childcare industry is growing rapidly.

Located in Greensboro, one of the fastest-growing areas in the Southeastern U.S., the property benefits from a dense submarket with nearly 125,000 residents within 5 miles and over 420,000 within 10 miles. With over 15,000 new residential units approved recently and strong real estate fundamentals, including 30,000+ vehicles passing daily on Mackay Road, this property is offered at a low investment basis, well below replacement cost.

Key highlights

  • Net Lease Investment
  • Absolute NNN
  • zero landlord responsibilities

Lending Opportunities

Connect with a mortgage professional to explore financing options and see what you may qualify for.

CompanyLender typeContactPhone
TheLoanProsTeam Mortgage Broker Roxanne Chung (754) 707-5877
Money Solutions, LLC Mortgage Broker Jennifer A. Judice (813) 431-5000

Property details

Key facts

Year Built
1989
Building Size
7,844 sqft
Lot Size
7,844 sqft
Stories
1
Total Units
1
Building Class
Class B
Property Status
Normal Sale
Building Status
Existing
Net Lease Investment
Yes

Pricing details

Net Operating Income
$130,373
Financing
Third Party Financing
Investment Property
Active investment property

Investment snapshot

7%
Cap rate
$130,373
Net operating income
$237
Price per sq ft

Acquisition options

OptionAsking priceCap rateCommissionMonthly incomeOwnership
Purchase Only $1,862,471 7% - - -

Features and amenities

Prominent Tenants

  • Absolute NNN

Highlights

  • Childcare Network is one of the leading childcare providers in the nation with over 230 schools in 10 states with 77 of those schools being spread throughout North Carolina, making Childcare
  • zero landlord responsibilities

Location

Address as shown by the lister.

Get directions

About this area - Jamestown

Population
11,627
Housing units
4,798
Land area
12.2 sq mi
County
Guilford

Neighborhood

Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.

Documents, links and contacts

Links

1 link

Frequently asked questions

What is the asking price of Commercial Property for Sale in Jamestown North Carolina 27282?

Commercial Property for Sale in Jamestown North Carolina 27282 is listed at $1,862,471. That works out to about $237 per square foot. The stated cap rate is 7%.

Where is Commercial Property for Sale in Jamestown North Carolina 27282 located?

The property is in 5121 Mackay Rd, Jamestown, North Carolina 27282, Guilford County.

What type of property is this?

This is a special purpose for sale in the commercial category.

How big is the property?

The building is 7,844 sqft. The lot is 7,844 sqft.

Is financing available?

The lister indicates: Third Party Financing.

Who do I contact about this listing?

Tim Westfall of Echo West Capital Advisors listed this property. Use the Request Info button to send a message or call (602) 628-6298.

When was this listing published?

It was published on September 3, 2024 and last updated on September 3, 2024.

Listing information

Listing ID
CL-North Carolina-11
Published
Sep 3, 2024
Last updated
Sep 3, 2024
Views
280

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Disclaimer: LoopingCloud is a social listing portal that connects real estate professionals, service providers, buyers, and sellers. All property information, descriptions, availability, financial details, and any offerings are provided by the respective lister or service provider and are not independently verified by LoopingCloud.

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