18206 Manhattan Pky - Freestanding FOR SALE
Cornelius, NC 28031 |
$1,653,600 USD
818-206-4468
18206 Manhattan Pky
Cornelius, NC 28031
HIGHLIGHTS
- Affluent Charlotte Submarket – Positioned in the Lake Norman corridor near Birkdale Village, with ~$140,000 average household incomes and a heavy conc
- Proven Commitment – Sherwin Williams has operated at this location already for 17 years and most recently renewed an option, leaving just under 5 year
- Irreplaceably Low Rent – Rent sits ~75% below new-build levels and well below replacement cost. In a $20–$25/SF Cornelius leasing market with limited
- Blue-Chip, Investment-Grade Credit – Sherwin-Williams carries investment-grade ratings (S&P BBB, Moody’s Baa2, Fitch BBB+), providing institutional-qu
- Global Category Leader – Sherwin-Williams is the world’s largest coatings company with record $23.1B in 2024 net sales and a chain of 5,000+ company-o
- Top Ranked MSA – Charlotte ranks #3 Best Real Estate Market among large U.S. cities (WalletHub), with retail vacancy below 2.8% and some of the fastes
FOR SALE DETAILS
PRICE
$1,653,600 USD
PRICE/SF
$285 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Sherwin Williams
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2008
SPRINKLERS
-
PARKING SPACES
10
LAND DETAILS
LAND ACRES
0.48 AC
LAND SF
20,909 SF
ZONING
VC
APN/PARCEL ID
005-121-81
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
818-206-4468
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
818-206-4468
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
