2,160 Square Foot Retail Space For Lease @ 1907 S Glenburnie Rd - Space 1

1907 S Glenburnie Rd, New Bern, NC 28562

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Garry S.

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Investment Sale 8 CAP= 8,196 SF Retail Building with 6,037 SF leased on long term lease until Nov/2021 to Mattress Firm that provides opportunity for Investment. There is an Additional 2,160+/- SF Vacant open space being offered at $10 PSF Rental.
Gross rent $123,758.00
Vacant $21,059.00
Expenses $20,700
Proforma $124,758.00 8 CAP= $1,559,475.00

Offered at (firm) NOI $103,060.00 8 CAP= $1,288,000.00

24,000 Cars per day

Retail building has plate glass front windows and with 150 feet of road frontage on S. Glenburnie Road this property provides great visibility.

Call for confidentiality agreement and rent rolls

Listing company: Eastern Carolinas Commercial Real Estate

Pricing: $0.83/sqft

Availability: Now

Listing ID: 918320


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Rate: $10 per sqft per year

Size: 2,160 square feet

Type: Retail Space

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