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    250 Mcdougall Drive

    West End, NC 27376
    • $370,000
    • STATUS: Active
    • ON SITE: 668 days
    • MLS #: 189858
    UPDATED: 48 min ago
    $370,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,000
      SQFT
    • $62
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2009
    County:

    School Ratings & Info

    Description

    Fantastic investment opportunity! This 6000 sq ft. of heated and cooled space is currently leased to Servpro of Moore County on a long term lease through April of 2021. The current lease amount is $33,600 per year with a 2% increase each subsequent year thereafter. Owner pays taxes and insurance and tenant pays utilities,general maintenance and tenant insurance. Over an 8% cap rate!

    Monthly Payment Calculator

    © 2020 Mid Carolina Regional MLS. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Pinnock Real Estate & Relocation.
    www.searchmoorecountyhomes.com/homes/86341048

    250 Mcdougall Drive West End, NC 27376

    • Price: $370,000
    • Status: Active
    • Updated: 48 min ago
    • MLS #: 189858
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    6,000
    SQFT
    $62
    $/SQFT
    2009
    Built
    Neighborhood:
    Seven Lakes (Area 8A)
    County:
    Moore
    Area:
    Seven Lakes (Area 8A)
    Property Description
    Fantastic investment opportunity! This 6000 sq ft. of heated and cooled space is currently leased to Servpro of Moore County on a long term lease through April of 2021. The current lease amount is $33,600 per year with a 2% increase each subsequent year thereafter. Owner pays taxes and insurance and tenant pays utilities,general maintenance and tenant insurance. Over an 8% cap rate!
    Exterior Features

    Exterior Aluminum Siding Exterior Features Handicapped Access Foundation Slab Road Description Public Paved Roof Metal

    Interior Features

    Heating And Cooling Central AirHeat PumpForced AirElectricCentral Heat Interior Features BroadbandConference Center/RoomSmoke/Fire AlarmReception AreaPublic RestroomsKitchen FacilitiesInsulated WindowsInside StorageExtra InsulationCable Available Office Sq Ft 2000.00 Retail Sq Ft 2000.00 Warehouse Sq Ft 4000.00

    Property Features

    Additional Amenities 220 Volt PowerTruck DoorsOutside StorageLoading Dock Additional Info LeasesPlat(S) Building Use Office BuildingRestaurantWarehouseRetail Building Commercial Type Commercial County Tax Amount 1854.77 Current Business Name Servpro Current Tenant Lease Terms Monthly Docs On File DeedSeptic PermitLeaseFloor Plan Foreclosure No New Construction No Possession At Closing Recording County Moore Sales Includes BuildingLandLease Sewer Private Tax City None Tax County Moore Terms Offered Cash Under Construction No Water Public

    Listing provided courtesy of The Property Center, INC..
    © 2020 Mid Carolina Regional MLS. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Pinnock Real Estate & Relocation.
     
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    Pinnock Real Estate & Relocation
    115 E. Pennsylvania Ave
    Southern Pines NC, 28387