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$ 450,000
Est. payment | /mo
$ 450,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1210958
HOA Y/N No
Property Sub-Type Investment
Source Triad MLS
Property Description
Subject property consists of 29.2655 acres which is an operating solar facility. The solar lease began in 2017. The lease originated in June, 2017 with an initial term of 15 years with 5 5-year renewal options. If all renewals are exercised the lease ends in June of 2057. The lease rate is $2,059.86 /month and has a 2% annual escalation rate.
Location
State NC
County Jones
Building
New Construction No
Others
Special Listing Condition Owner Sale
Listed by George Munford of Berkshire Hathaway HomeServices Carolinas Realty
Nearby Locations
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