Butner (Raleigh-Durham MSA), NC 27509

SunTrust Bank

Property Address

301 Central Ave, Butner, NC, USA

Offering Summary

  • Price: $1,060,800
  • Lot Size: 1.27 Acres
  • Cap Rate: 5.75%
  • Year Built: 1957
  • Building SF: 2,584
  • Status: Available
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  • Absolute Triple-Net Corporate Lease
  • 10+ Years Remaining
  • 1.5% Annual Increases
  • Hard Corner Location
  • Bank Deposits Have Almost Doubled in the Past Year
  • Households Expected to Increase 9%+ in Trade Area by 2022
  • Situated One Mile Off the Interstate 85 Freeway - Major Connector for the Southeastern U.S.
  • Less Than 20 Minutes from Downtown Durham

Broker Information