C-Store | (961) Mt. Airy, NC
Sands Investment Group is Pleased to Exclusively Offer For Sale a 1,740 SF NNN Convenience Store Asset in Mt Airy, North Carolina. This Gas Station Property Featuring a Brand New ~20 Year Lease Coupled With 2% Annual Increases Backed By a Strong Guarantor. This Opportunity Provides a Best-of-Class Investment Featuring the Benefit to Qualify For Accelerated Depreciation.
- Attractive 20 Year Triple Net (NNN) Lease With 2% Annual Increases to Hedge Against Inflation
- Guarantor: 50+ Unit Operator With $100MM in Revenue, $20MM in Ebitdar and $75MM Personal Guarantee
- Excellent Ingress/Egress With Multiple Points of Entry
- Property Immediately Qualifies For Accelerated Depreciation
- Tenant Making Improvement Into Site Showing Commitment to the Site
- Over 54,000 Residents Within a 10-Mile Radius Making an Average Household Income of $60,732
- Located Off Interstate 74 Which Sees Over 20,300 Vehicles Per Day
In Cooperation With: Sands Investment Group North Carolina, LLC – Lic. # 29362 BoR: Amar Goli- Lic. # 310575
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