Triple Net Leased 10% cap Friendly Check in Edenton NC

1101 North Broad Street, Edenton, NC, USA
  • Property ID: 3416
  • Date added: 06/28/23
  • Post Updated: 2023-06-28 15:41:26
  • Status:
  • Area: 1836 sq ft
  • Lot size: 0.56 acres
  • Year built: 1973/2010


Income producing investment opportunity with a 10% cap rate on a triple net leased property, a freestanding 1836 sq ft building located on the corner of N Broad Street and Paradise Road in Edenton. Tenant is Friendly Check Cashing and they have a new 5 year Triple Net lease through April of 2028 with two 5 year renewal options through 2038. True triple net lease where Tenant is responsible for everything. Currently paying $3,000/mo or $36,000/yr. Building was built in 1973 and remodeled in 2010.

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  • City SEWER!
  • Not in a flood zone
  • Corner location
  • Survey on file
  • Handicapped access
  • Freestanding Building
  • Private Parking
  • Near Downtown & Waterfront



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Properties Qty: 89 Rating:

This style property is located in Edenton is currently and has been listed on The Rich Company. This property is listed at $ 360,000.00. It has bathrooms, and is 1836 sq ft. The property was built in 1973/2010 year.