1907 S Glenburnie Rd, New Bern, NC 28562

Commercial property for lease

• Description
• Investment Sale 8 CAP= 8,196 +/- SF Retail Building with 6,037 SF leased on long term lease until Nov/2021 to Mattress Firm that provides opportunity for Investment. There is an Additional 2,160+/- SF Vacant open space being offered at $10 P.S.F. Rental.Net Operating IncomeMattress Firm Cash Flow $123,758.00 Per YearExpenses $20,700.00NOI $103,060.00Offering Price $1,288,000.00 8 CAP________________________________________Proforma @ 100% Leased - 2 Units Vacant 2,160 SF @ $10 PSF $21,600.00Mattress Firm $123,758.00Potential GROSS Rent $144,817.00 Per YearExpenses $20,700.00Proforma $124,758.0010 CAP $1,288,000.0024,000 Cars per dayRetail building renovated in 2014 and with 150 feet of road frontage on S. Glenburnie. Great investment with upside in vacant rent. Road this property provides great visibility.Call for confidentiality agreement and rent rolls Building price details: $1,288,000.
• Exterior Features

• Parking:	Yes
  Parking Spaces:	71
  Parking Type:	Surface

• Contact info
• Garry Silivanch

  Eastern Carolinas Commercial Real Estate
  Nicholas Silivanch

  Eastern Carolinas Commercial Real Estate
• Note

• Details Info about this row that located on 1907 S Glenburnie Rd, New Bern, NC 28562 was got from trusty sources, but HousesForSaleList.com can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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