For Sale
$158,000

Address Undisclosed Smithfield, NC 27593

Profitable Retail Opportunity in NC

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional convenience store, built in 2024, presents a lucrative investment opportunity in the thriving town of Smithfield, near Pinehurst, North Carolina. Located in Montgomery County (zip code 27593), this retail property boasts a total area of 1 square foot and is offered at an asking price of $158,000. The property features four gas pumps, ensuring a steady stream of customers. The current lease agreement spans five years, with attractive renewal options available. Specifically, there are two to five-year options to renew the lease, each renewal accompanied by a 10% increase in rent. This turnkey operation is ideal for an investor seeking immediate returns and long-term growth potential in a desirable North Carolina location. The property's strategic location near Pinehurst, a renowned golf destination, further enhances its appeal and potential for high foot traffic and sales. Given its recent construction and established infrastructure, this convenience store requires minimal capital investment to begin generating revenue. The asking price of $158,000 represents an exceptional value for a property of this type in this market. This is a rare opportunity to acquire a profitable, established business with significant upside potential. The property's address is undisclosed for confidentiality reasons.

Highlights

  • New 2024 construction convenience store in Smithfield, NC, near Pinehurst.
  • 1,000 square foot building with four gas pumps.
  • Asking price: $158,000.
  • Five-year lease with renewal options (2-5 years, 10% rent increase per renewal).
  • Located in Montgomery County, NC (zip code 27593).

Property Details for 0 Address Undisclosed

Property type
Retail properties, Grocery and convenience stores
Square Feet
1 SF
Year Built
2024

Location Insight

City
Smithfield
County
Montgomery
State
North Carolina
Latitude
35.5829832
Longitude
-78.3568414
Address Undisclosed, Smithfield, North Carolina

FAQs

What type of property is this?
Retail property - Profitable Retail Opportunity in NC
Where is the retail property located?
The property is located at Address Undisclosed Smithfield, NC.
What is the asking price?
The asking price for this property is $158,000.
What are key features of this property?
This property features: New 2024 construction convenience store in Smithfield, NC, near Pinehurst.; 1,000 square foot building with four gas pumps.; Asking price: $158,000.
How can I contact the broker?
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