1129 E Main St - Freestanding FOR SALE


Lincolnton, NC 28092
$1,625,000 USD
602-374-2023
1129 E Main St, Lincolnton, NC for Sale
$1,625,000 USD
Freestanding - FOR SALE
1/7
null | 6.49% Cap Rate

1129 E Main St
Lincolnton, NC 28092


OVERVIEW

Hannay Realty Advisors, as owner/exclusive agent, is pleased to offer for sale the fee simple interest in 1129 E. Main Street in Lincolnton, North Carolina (the “Property”), a single tenant NNN retail property leased to Tropical Smoothie Café in 1,893 SF situated on 0.89 acres (38,768 SF). The Property sits along the main arterial in Lincolnton, along Main Street due west from U.S. Route 321. This Property is situated on one parcel (01131) totaling +1,893 SF of leased area located to next the single tenant restaurant building occupied by Tropical Smoothie Café. The Property is 100% leased to Om Shiva Aarti LLC, (Tropical Smoothie Café) with 10.2 years remaining lease term. This offering represents an exceptional investment opportunity to acquire a recently constructed and renovated, modern retail building amid a heavily trafficked retail arterial.

FOR SALE DETAILS

PRICE

$1,625,000 USD

PRICE/SF

$858 USD /SF

CAP RATE

6.49%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tropical Smoothie Cafe

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,768 SF

ZONING

G-B

APN/PARCEL ID

01131

ASK ABOUT THIS PROPERTY

Nick EggenHannay Realty AdvisorsMore Info
602-374-2023

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Nick EggenHannay Realty AdvisorsMore Info
602-374-2023

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.