Investment Overview
105 N Patterson Street is a single-tenant income-producing investment opportunity in downtown Maxton, NC. The property is leased to H&R Block, which has operated at this location since 1997. This opportunity offers consistent in-place income with a lease structure that includes limited landlord responsibilities.
Investment Highlights
- 4,750 SF single-tenant building on 0.16-acre lot
- Leased to H&R Block through April 30, 2028
- H&R Block has occupied the building since 1997
- Tenant pays utilities and reimburses taxes and insurance
- Landlord responsible for roof, structure, foundation, and exterior walls
- Tenant responsible for interior maintenance, including HVAC, plumbing, and electrical
- Annual Gross Income: $16,800
- Built in 1968
- Both HVAC units replaced in 2024
- End cap building in downtown central business district with great visibility
- Central Business District (CB) zoning