5040 Dogwood Blvd - Retail FOR SALE
Kannapolis, NC 28081 |
$2,894,738 USD
704-904-5546
5040 Dogwood Blvd
Kannapolis, NC 28081
HIGHLIGHTS
- New 20-year absolute NNN ground lease
- 10% rental increases every 5 years throughout the base term and option periods
- Corporate guarantee – backed by a strong national tenant
- Prime location within the newly developed Kellswater Commons, retail center anchored by Lowes Foods
- High-growth Charlotte MSA (Kannapolis, NC) – rapidly expanding residential and retail submarket
- Strong demographics with a population of 29,376 within a 3-mi radius and 94,904 within a 5-mi radius
FOR SALE DETAILS
PRICE
$2,894,738 USD
PRICE/SF
$606 USD /SF
CAP RATE
3.8%
% LEASED
-
TENANCY
-
STATUS
Under Construction
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
McDonald's
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.6 AC
LAND SF
69,696 SF
ZONING
B-G
APN/PARCEL ID
-
ASK ABOUT THIS PROPERTY
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704-904-5546
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704-904-5546
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