Exceptional investment opportunity in Durham's thriving market. This property is secured with a tenant paying $5,500/month on a 5-year Double Net (NN) lease, delivering a 7.5% cap rate with no landlord responsibilities beyond structure. Automotive and light industrial spaces remain in high demand, and the scarcity of body shop-ready properties in Durham makes this asset highly attractive. Its prime location in a high-traffic corridor ensures excellent visibility, strong tenant demand, and long-term appreciation potential.
- Age: 41-50 Years Old
- Exterior Type: Stone
- Legal Description: PROP-GEER F C EST/BLK:05/ LT#31-32 PL:00005B-000106
- MLSID: 10068825