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310 Kendall Mill Road

310 Kendall Mill Road Thomasville NC 27360

  • Price
    $5,500,000

310 Kendall Mill Road is a sale leaseback investment opportunity with zero landlord responsibilities. The tenant, McIntyre Manufacturing Group (MMG), is a 45 year old company with annual sales of $15 million in 2020. MMG boasts significant sales growth and owns a sizable market share. MMG will execute an absolute NNN lease at Closing. 

In addition, Lamar Outdoor Advertising just entered into a brand new 5 year NN lease on the property. 

The building is located off I-85 and centrally located between Charlotte and Raleigh. Easy access to other major highways, interstates, and thoroughfares. Surplus land proves an opportunity for future expansion/growth. 

Brokers:

  • R. Tim Lichtenstein, CCIM R. Tim Lichtenstein, CCIM Email
  • Will Blackwell, SIOR Will Blackwell, SIOR Email
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Details

Property Information

  • Property Type
    Investment
  • Building SF
    95,774
  • Year Built
    1994

Pricing & Terms

  • Price
    $5,500,000
  • NOI
    $363,152.50
  • Cap Rate (Actual)
    6.60%
  • Comments
    310 Kendall Mill Road is a sale leaseback investment opportunity with zero landlord responsibilities. The tenant, McIntyre Manufacturing Group (MMG), is a 45 year old company with annual sales of $15 million in 2020. MMG boasts significant sales growth and owns a sizable market share. MMG will execute an absolute NNN lease at Closing. In addition, Lamar Outdoor Advertising just entered into a brand new 5 year NN lease on the property.

Property Documents

Aerial Map