Firestone, Burlington, NC

University Dr & Rural Retreat Rd
Burlington, NC 27215

PROPERTY SOLD

Property: Investment Sales

Price: $2,560,000

Cap Rate: Call

Description:

  • 15 miles east of Greensboro at University Dr (Exit 140) and I-40/85
  • Near the 690,000 SF Alamance Crossing open-air development
    7,575 SF complete auto care center developed on a 1.32 acre pad
  • Tenant commenced a 15 year lease with rent bumps in October 2011
  • The transaction closed escrow in November 2011 for $2.56 Million
  • The buyer was a high net worth individual out of the west coast

Firestone, Burlington, NC

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Contact

Tyson Glasser, CCIM
Investment Sales Director
(864) 263-5427 - Main
(404) 435-6312 - Mobile
tglasser@realtylinkdev.com