7712 NW Sossaman Ln - Retail FOR SALE


Concord, NC 28027- Concord Mills
$2,900,000 USD
704-336-9347
7712 NW Sossaman Ln, Concord, NC for Sale
$2,900,000 USD
Retail - FOR SALE
1/7
null | Request Cap Rate

7712 NW Sossaman Ln
Concord, NC 28027
Concord Mills


HIGHLIGHTS

  • Value Add Opportunity with 50% of the building's current leases maturing in 2025.
  • Recent Improvements to the building include exterior paint, parking lot seal and stripe and landscaping improvements.
  • Excellent frontage and egress onto Bruton Smith Blvd (less than a mile from I-85 exit)

OVERVIEW

Greater Charlotte NNN Investment Opportunity. Small Street Retail Center Available For Sale on Concord's Main thoroughfare fronting Bruton Smith Blvd (close to all the amenities around Concord Mills Mall and Charlotte Speedway). Currently 100% leased with Tenants paying below Market Rents with short Terms remaining providing great Value Add Opportunity.

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$357 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Speedway Station

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

42

LAND DETAILS

CROSS STREETS

Speedway Blvd

LAND ACRES

0.97 AC

LAND SF

42,253 SF

ZONING

C2

APN/PARCEL ID

4599-02-5043-0000

ASK ABOUT THIS PROPERTY

Charlie SwansonPark Commercial Real EstateMore Info
704-336-9347

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

Charlie SwansonPark Commercial Real EstateMore Info
704-336-9347

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