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| Price $3,194,000 | Built/Renov 2000/2005 | Tenant RaceTrac |
| Cap Rate 5.25% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
4,005
| Lease Start
04-01-2016
| #Units
800
|
| Price/SF $797.50 | Expiration
03-31-2031
| Tenant Type Convenience/Gas |
| NOI $167,700 | R. Term 6.4 | Ownership Fee Simple |
| Rent/SF
$41.87
| Increases 7.5%/5/yrs | Pop 5Mi 21,937 |
| Lot/AC 1.25 | Options 7/5yrs/7.5% | AHHI 5Mi $81,972 |
| | |
RaceTrac is strategically located at the signalized, hard corner intersection of Wilkinsville Rd and U.S. Highway 51, a major retail thoroughfare with access to a combined daily traffic count of 31,000 vehicles. Adjacent to Millington Farms Shopping Center, anchored by Ross, and situated opposite a center housing Starbucks, the property benefits from its prime location. Positioned in the heart...
...Signalized intersection
Hard corner intersection
Dense retail corridor
Near major nationals
Top 100 MSA
Income tax free state
Absolute NNN
Accelerated depreciation
Corporate Guarantee
Over 500 units backed
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 1,998 | 10,632 | 22,032 |
| 2023 Total Population : | 1,996 | 10,476 | 22,049 |
| 2023 Employed Civilian Pop : | 652 | 3,852 | 8,998 |
| 2023 Total Businesses : | 255 | 506 | 620 |
| 2023 Average Household Income : | $ 74,025 | $ 75,662 | $ 81,976 |
| 2023 Total Consumer Spending : | $ 63 M | $ 286 M | $ 616 M |
| 2023 Median Age : | 44 | 40 | 40 |
| 2023 Total Households : | 965 | 4,336 | 8,672 |
| 2023 Pop Age 25+: Bachelor's Degree : | 306 | 946 | 1,978 |
| 2023 Average Home Value : | $ 236,089 | $ 199,560 | $ 216,315 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Copper Creek Blvd | 2021 | 32,996 | 0.34 mi | |
| Cuba Millington Road | Hwy 51 | 2022 | 2,988 | 0.49 mi |
| Wilkinsville Road | Howard Pl | 2022 | 6,078 | 0.59 mi |
| West Street | 1st Ave | 2022 | 1,585 | 0.63 mi |
| Church Street | Buford Ave | 2022 | 4,759 | 0.91 mi |
| Easley Street | Wilkinsville Rd | 2022 | 4,182 | 0.95 mi |
| Navy Road | South St | 2022 | 16,088 | 1.05 mi |
| West Union Road | Wells Rd | 2022 | 3,673 | 1.07 mi |
| Navy Rd | W Navy Cir | 2014 | 11,459 | 1.14 mi |
| W Union Rd | Wells Rd | 2014 | 2,519 | 1.17 mi |
Waynesville, NC
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
