3600 Legion Rd Hope Mills, NC 28348

Listing details for 3600 Legion Rd, Hope Mills, NC 28348 : 3600 Legion Rd. is a stand alone Metal and brick Building of approx. 4500 sq. ft. located on 1.53-acres. The building is currently in a long term lease with a national tenant. The building is in a true Triple net lease (tenant pays all expenses and taxes). With an annual gross income of $45,000.00 the calculated cap rate for this property is 7.826% which makes the property highly valuable as a long term investment hold. The property is in great condition. Everything is in working order. It is important to note this tenant has been in place for over 10 years and has no plans to leave with a significant balance of time and options remaining on the lease. It is very rare to find a building with a tenancy in place with a significant cap rate that will most likely not change. This building and long term tenant are a boon to any investment portfolio. Rent Roll/Lease available with proof of funds.