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Southwood Furniture Corporation Showroom
Furniture Showroom Investment |
Driving Directions
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Location:
346 & 348 Wrenn Street
High Point, NC 27260
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Investment
Highlights |
| Price: |
$1,400,000 |
| Cap Rate: |
10.17% |
| Loan Amount: |
N/A |
| Equity
Required: |
N/A |
| Cash on
Cash: |
TBA |
| IRR: |
TBA |
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Debt: |
Local bank offering loan 5-7 years/20 AM at 7.25% interest rate |
| Land Area: |
9,000 sq ft |
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Building
Area: |
13,100 Sq Ft (2 stories) |
| Leases: |
Single tenant with one-year net lease remaining |
| Options: |
Six year |
| Rent
Escalation: |
CPI in October |
| Occupancy: |
100% |
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Alpha World Properties, LLC
PO Box 1163
High Point, NC 27261-1163 USA
Tel: 336.886.8899 Fax: 336.886.8898
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