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Net Lease

Storr Office Warehouse

108 Carver Dr, Roxboro, NC 27573

Listing Price: $1,371,428

Cap Rate
7.00%
Gross SF
25,680
Price/Gross SF
$53.40
Lot Size
2.50 acres
Year Built
1965
Rentable SF
25,680

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Storr Office Environments warehouse located at 108 Carver Drive in Roxboro, North Carolina. The property consists of roughly 25,680 rentable square feet of building space on an estimated 2.50-acre parcel of land.
This Storr Warehouse is subject to a brand new 12-Year Absolute-Net (NNN) lease that will be signed at the Close of Escrow. The initial annual rent will be$96,000 and will increase 3% annually.

Investment Highlights

  • 12-Year Absolute Triple-Net (NNN) Sale Leaseback
  • Strong Corporate Guarantee From Storr Office Environments, Inc.
  • Attractive Inflation Hedge | 3% Annual Rental Increases
  • New Roof Installed in 2019
  • 2 Dock High Doors (14x10), 1 Drive-In Door (12x13), Fully Sprinklered

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Regional Manager

    (843) 952-2222

    License(s) NC: 303785

    North Carolina

Net Lease

Storr Office Warehouse

Listing Price: $1,371,428

Cap Rate
7.00%
Gross SF
25,680
Price/Gross SF
$53.40
Lot Size
2.50 acres
Year Built
1965
Rentable SF
25,680

Investment Highlights

  • 12-Year Absolute Triple-Net (NNN) Sale Leaseback
  • Strong Corporate Guarantee From Storr Office Environments, Inc.
  • Attractive Inflation Hedge | 3% Annual Rental Increases
  • New Roof Installed in 2019
  • 2 Dock High Doors (14x10), 1 Drive-In Door (12x13), Fully Sprinklered

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Storr Office Environments warehouse located at 108 Carver Drive in Roxboro, North Carolina. The property consists of roughly 25,680 rentable square feet of building space on an estimated 2.50-acre parcel of land.
This Storr Warehouse is subject to a brand new 12-Year Absolute-Net (NNN) lease that will be signed at the Close of Escrow. The initial annual rent will be$96,000 and will increase 3% annually.

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Regional Manager

    (843) 952-2222

    License(s): NC: 303785

    North Carolina

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