801 Mitchell StKinston, NC 28501
Net-leased storefront, strong tenant.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 119
Highlights
- $840,000 asking price for this 6,000 SF retail storefront.
- Net lease investment opportunity with a 9.00% cap rate and $75,600 annual NOI.
- Credit-rated tenant (Carquest Auto Parts) in a single-tenant, 100% occupied building.
- NNN lease with 3 years remaining, plus two 5-year options; lease commenced December 1, 2023.
- Located at 801 Mitchell St, Kinston, NC 28501, on a 0.095-acre lot with 27 parking spaces.
Property Details for 801 Mitchell St
- Property type
- Retail properties, Retail space
- Square Feet
- 6,000 SF
- Class
- B
- Year Built
- 2007
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 4,138 SF
- Units
- 1
Location Insight
- City
- Kinston
- County
- Lenoir
- State
- North Carolina
- Latitude
- 35.269548
- Longitude
- -77.5842109
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - Net-leased storefront, strong tenant.
- Where is the retail property located?
- The property is located at 801 Mitchell St Kinston, NC.
- What is the asking price?
- The asking price for this property is $840,000.
- What are key features of this property?
- This property features: $840,000 asking price for this 6,000 SF retail storefront.; Net lease investment opportunity with a 9.00% cap rate and $75,600 annual NOI.; Credit-rated tenant (Carquest Auto Parts) in a single-tenant, 100% occupied building.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
Contacts
Visit Broker Website
Learn more
Useful Information
Request information
801 Mitchell St, Kinston, North Carolina, 28501
If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
801 Mitchell St, Kinston, North Carolina, 28501
Email this Information
Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
Sign Up
a member?
Just one more step, let’s verify your email
We have sent a verification link to
Please check your inbox to complete the process. Just click on the link in that email to complete your Sign up. If you don’t see it, you may need to check your spam folder.
Email verification link expired
It seems that the verification link has expired. No worries! We can send you a new link to email
Log In
an account?
Reset your password
Paperhouses?
Check your email
We've resent password reset instructions to if it is an email on file.
Please check again. If you still haven't received an email, try a different email.
Check your email
Thanks! If matches an email we have on file, then we've sent you an email containing further instructions for resetting your password. If you haven't received an email in 5 minutes, check your spam, resend, or try a different email.