234 Faith Rd Salisbury, NC 28146
High-yield NNN ground lease; strong tenant.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- $1,300,000 asking price for a 2,500 SF Valvoline auto shop in Salisbury, NC.
- New construction (2024) with a 15-year absolute NNN ground lease expiring 10/31/2039.
- Located on a signalized corner of Faith Rd and Market Station Dr.
- Tenant is QAS II, LLC, a franchisee with 181+ locations.
- High-traffic area near a Lowe's-anchored shopping center and Innes Street Market mall, totaling 347,033 SF of retail space.
Property Details for 234 Faith Rd
- Property type
- Retail properties, Auto shops
- Square Feet
- 2,500 SF
- Year Built
- 2024
- Lot Size (sq. ft)
- 19,166 SF
Location Insight
- City
- Salisbury
- County
- Rowan
- State
- North Carolina
- Latitude
- 35.6519059
- Longitude
- -80.457181
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-yield NNN ground lease; strong tenant.
- Where is the retail property located?
- The property is located at 234 Faith Rd Salisbury, NC.
- What is the asking price?
- The asking price for this property is $1,300,000.
- What are key features of this property?
- This property features: $1,300,000 asking price for a 2,500 SF Valvoline auto shop in Salisbury, NC.; New construction (2024) with a 15-year absolute NNN ground lease expiring 10/31/2039.; Located on a signalized corner of Faith Rd and Market Station Dr.
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