702 West Main Street   |  702 West Main Street   |   6,115 sf

  • TO LEARN MORE ABOUT THIS PROPERTY, CONTACT:

    Jason Bush at jbush@ltpcommercial.com

    Retail/office investment opportunity. This building is divided into six (6) separate units. Several of the tenants have been in place for 7+ years with opportunity for rent increases. Each tenant pay their own utilities. Owner provides water, sewer, trash, lawn maintenance, alarm maintenance. All units have separate alarm systems with individual monitoring available. New 35 year roof installed in 2013. Exterior LED security lighting. 23 surface parking spaces. All bathrooms are ADA compliant. 

     

    Address:702 West Main Street
    City:Jamestown
    Zip:27282
    Avail sf ± 6,115
    Lease TypeModified Gross
    Price$630,000
    Price/sf$102.36
  • Aerial Map
    Aerial Photo
  • PROPERTY DETAILS

    Property Type Investment
    Avail sf ± 6,115
    SprinkleredYes

    UTILITIES

    ElectricalYes
    WaterYes
    SewerYes
    AirYes
    HeatYes
    GasYes

    TAX INFORMATION

    County:Guilford , NC

    PRICING & TERMS

    Price$630,000
    Price/sf$102.36
    NOI$48,0000 (Year 1)
    Cap Rate7.8%
    Lease TypeModified Gross
    TermsOpportunity for increases with all existing Tenants. Landlord pays property taxes, insurance, water, sewer, and trash.
    CommentsRetail/office investment opportunity. This building is divided into six (6) separate units. Several of the tenants have been in place for 7+ years with opportunity for rent increases. Each tenant pay their own utilities. Owner provides water, sewer, trash, lawn maintenance, alarm maintenance. All units have separate alarm systems with individual monitoring available. New 35 year roof installed in 2013. Exterior LED security lighting. 23 surface parking spaces. All bathrooms are ADA compliant.