6625 E Independence Blvd - Showroom FOR SALE


Charlotte, NC 28212- Idlewild South
$4,155,556 USD
332-345-4222
6625 E Independence Blvd, Charlotte, NC for Sale
$4,155,556 USD
Showroom - FOR SALE
1/2
null | 6.75% Cap Rate

6625 E Independence Blvd
Charlotte, NC 28212
Idlewild South


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 6625 E Independence Blvd, Charlotte, NC 28212. The site consists of roughly 7,249 rentable square feet of building space on an estimated 1.45-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 $280,500 and has scheduled increases of 10% every 5 years; 2% annually in the option period.

FOR SALE DETAILS

PRICE

$4,155,556 USD

PRICE/SF

$526 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Adams Auto Group

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Showroom

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

UTILITIES

Lighting, Gas - Natural, Water - City, Sewer - City, Heating - Electric

CLEAR CEILING HT

18 Ft

DOCKS

-

DRIVE INS

5

PARKING SPACES

140

LAND DETAILS

LAND ACRES

1.45

LAND SF

63,162

ZONING

B-2

APN/PARCEL ID

165-143-06

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.