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Pope-RealEstate.com

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100 Gardner Farm Lane, Currituck, NC 27929 (MLS# 100449146)


$1,875,000
100 Gardner Farm Lane
Currituck, NC 27929
MLS# 100449146
10532 sqft


100 Gardner Farm Lane, Currituck, NC 27929
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100 Gardner Farm Lane, Currituck, NC 27929 100 Gardner Farm Lane, Currituck, NC 27929 100 Gardner Farm Lane, Currituck, NC 27929 100 Gardner Farm Lane, Currituck, NC 27929 100 Gardner Farm Lane, Currituck, NC 27929 100 Gardner Farm Lane, Currituck, NC 27929 100 Gardner Farm Lane, Currituck, NC 27929 100 Gardner Farm Lane, Currituck, NC 27929 100 Gardner Farm Lane, Currituck, NC 27929 100 Gardner Farm Lane, Currituck, NC 27929 100 Gardner Farm Lane, Currituck, NC 27929 100 Gardner Farm Lane, Currituck, NC 27929 100 Gardner Farm Lane, Currituck, NC 27929 100 Gardner Farm Lane, Currituck, NC 27929 100 Gardner Farm Lane, Currituck, NC 27929 100 Gardner Farm Lane, Currituck, NC 27929 100 Gardner Farm Lane, Currituck, NC 27929 100 Gardner Farm Lane, Currituck, NC 27929 100 Gardner Farm Lane, Currituck, NC 27929 100 Gardner Farm Lane, Currituck, NC 27929 100 Gardner Farm Lane, Currituck, NC 27929 100 Gardner Farm Lane, Currituck, NC 27929 100 Gardner Farm Lane, Currituck, NC 27929 100 Gardner Farm Lane, Currituck, NC 27929 100 Gardner Farm Lane, Currituck, NC 27929

Property Description
Recently constructed in 2022, this 10,532 square foot building on 2 acres was the home of a Family Dollar Dollar Tree that recently switched to Dollar Tree when DT sold FD. Initial term of lease runs until Dec 2032 $134,925/yr rent NNN makes it a 7.196% cap rate. 5, 5 year options remain after 2032 with a $0.50 per sq ft bump every 5 years. Large +/- 8,500 sq ft retail floor, 2 restrooms, office, and warehouse/storage in the rear. LED lighting, 4 Carrier HVAC units with Natural Gas, sprinkler system for landscaping, dumpster corral, pylon sign, LED parking lot lights, metal roof. Turnkey opportunity for a business to owner occupy.

Details
Maps
Contract Info
Available Date: 2024-06-07
Status: Active
Delayed Marketing?: No
Marketing Start Date: 2024-06-07
Garage: N/A
Sale/Lease: Sale
Listing Price: 1875000
Current Price: $1,875,000
List Price/SqFt: 178.03
Stipulation of Sale: Standard
Location Information
Street #: 100
Street Name: Gardner Farm
Street Suffix: Lane
County: Currituck
State/Province: NC
Zip Code: 27929
City Limits: Yes
Marketing City: Currituck
Subdivision: N/A
Geo Lat: 36.450119
Geo Lon: -76.020555
Remarks and Showing
Directions to Property: On Highway 168 next to Farm Bureau, across the street from Currituck Courthouse and McDonalds.
Sign on Property: No
Building Info
New Construction: No
BuildingExt Features
SqFt - Heated (Primary): 10532
Legal and Taxes
Tax Assessed Value: 993000
Total City Real Estate Property Tax: 4766.4
Deed Book: 1698
Deed Page: 104
Legal: Warranty Deed
Broker Owner: No
PID: 0050000125B0000
Tax Identifier: 0050000125b0000
Plat Book: R
Plat Page: 239
Total Real Estate Property Taxes: 4766.4
Tax Year: 2024
Year Built: 2022
Zoning: GB
Cobra Zone: No
Financial Info
Net Operating Income: 134925
Real Estate Taxes: 4766.4
Property Features
Business Type: Retail; Commercial
Attic: None
Basement: None
Construction: Block; Steel Frame
Exterior Finish: Block; Glass; Stucco
Flooring: Concrete
Foundation: Slab
Fuel Tank: None
Green Bldg Features: LED Lighting
Parking Features: Asphalt; Lighted; Off Street; Paved
Roof: Insulated; Metal
Lot Description: Corner Lot; Level
Current Use: Commercial
Location: Gen Bus District
Cooling: Central Air
Heating: Gas Pack; Heat Pump
Heating System Fuel Source: Natural Gas
Water Heater: Electric
Utilities: Natural Gas Connected
Sewer: Private Sewer; Septic Tank
Water Source: Public
Terms: 1031 Exchange; Cash; Conventional
Lease Types: NNN

Listing Office: Rich Company

Last Updated: March - 02 - 2026

100 Gardner Farm Lane, Currituck, NC 27929 - MLS# 100449146

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