Tenant: dC Automotive Warehouse | Rocky Mount, NC Premises: 141,250 SF Renewal Options: 3 x 5 Years
Lease Expiration: 15 Years From COE Lease Type: Absolute NNN Rental Increases: 1.5% Annually
Sands Investment Group is Pleased to Present Exclusively For Sale the 141,250 SF dC Automotive Warehouse Absolute NNN Lease Located at 320 Commerce Court in Rocky Mount, North Carolina. This Deal Includes a Long-Term Industrial Sale Leaseback With Attractive Lease Terms, Providing For a Unique Investment.
This is a Unique Opportunity to Acquire an Industrial Property With a Brand New 15 Year Lease Upon Close of Escrow
The Property is Located in a Robust Industrial Submarket
An Investor Will Get a New 15 Year Long Term Lease With Attractive Annual Escalations
This is One of the Largest Warehouses For Porsche Parts in the U.S. and Has Been in Business For 17 Years in Rocky Mount, NC
The Property Has a Waste Oil Furnace – US EPA Certified to Dispose of Oil and Other Liquids That Pose a Potential Contamination Threat in the Service Center
7 Dock Doors – 1 Drive-In and 18 Foot Clear Heighs
dC Automotive is Currently Investing Money Into Putting in a Brand-New Roof Amongst Other Tenant Improvements; This Should Be Attractive to an Investor For the Residual Value of the Property and Also Demonstrate a Commitment to the Location
Over 53,900 Residents Live Within a 5-Miles Radius Making an Average Household Income of $56,506
Rocky Mount, NC, is a Growing City Located Close to the State Capitol of Raleigh
Nearby Tenants Include: Food Lion, Family Dollar, Dollar Tree, Roses Discount Store, McDonald’s, Pizza Hut, Bojangles’, Piggly Wiggly, Sam’s Club, Lowe’s, Walgreens, Goodwill, Harris Teeter and Many More
In Cooperation With Sands Investment Group North Carolina, LLC – Lic. #29362 | BoR: Amar Goli – Lic. # 310575
dC Automotive has the largest indoor Recycling Facility for Porsche in the US. It specializes in used Porsche parts for all models of the Porsche 911, 912, Carrera and Turbo, 944 16 valve S, 924S 951, 944 Turbo, 914-4, 914-6 Boxster, 968, Cayenne, 928, 928S, 928 S4 and GT. dC Automotives have an extensive inventory including used Porsche engines, transmissions, fuchs wheels, seats, brake upgrades, interior trim and suspension. It also has a stock of ever-increasing array of new parts including, wheels, bodywork, seals, suspension, maintenance and trim. We are proud of our 20+ year reputation, our Better Business Bureau A+ rating and proud winners of the Eastern Carolina 2012 Entrepreneur of the Year Award! See our Video: 2012 Winner!