6501 South Blvd - Auto Dealership FOR SALE


Charlotte, NC 28217- Starmount
$4,709,630 USD
332-345-4222
6501 South Blvd, Charlotte, NC for Sale
$4,709,630 USD
Auto Dealership - FOR SALE
1/2
null | 6.75% Cap Rate

6501 South Blvd
Charlotte, NC 28217
Starmount


HIGHLIGHTS

  • Premier Provider of Quality Pre-Owned Vehicles
  • Strong Reputation in the Carolinas
  • Absolute Triple Net (NNN) Lease with No Landlord Responsibilities

OVERVIEW

NNN Pro is pleased to present the exclusive listing for an Adams Auto Group & Service Center located at 6501 South Blvd., Charlotte, NC 28217. The site consists of roughly 15,620 rentable square feet of building space on an estimated 2.9-acre parcel of land. This Adams Auto Group & Service Center is subject to a 15- year Triple Net (NNN) lease, which commenced 10/31/2019. The current annual rent is $317,900 and has scheduled increases of 10% every 5 years; 2% annually in the option period.

FOR SALE DETAILS

PRICE

$4,709,630 USD

PRICE/SF

$454 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Adams Auto Group

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

200

LAND DETAILS

LAND ACRES

2.9 AC

LAND SF

126,324 SF

ZONING

B2

APN/PARCEL ID

173-041-73

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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