7920 Cambridge Commons Dr - Fast Food FOR SALE


Charlotte, NC 28215- Silverwood
$2,094,000 USD
929-229-2614
7920 Cambridge Commons Dr, Charlotte, NC for Sale
$2,094,000 USD
Fast Food - FOR SALE
1/7
null | 7% Cap Rate

7920 Cambridge Commons Dr
Charlotte, NC 28215
Silverwood


HIGHLIGHTS

  • Dark QSR Location with over 13 years remaining on the lease obligation
  • Prime opportunity for redevelopment or for a QSR owner user
  • The property is a high-visibility outparcel in a Food Lion anchored center, alongside national/credit co-tenant BP
  • Directly across from Abberly Commons, a new apartment development featuring 287 planned units, enhancing long-term foot traffic
  • The 5-mile trade area includes more than 125,000 residents and 19,000 employees, with an average household income over $109,000 supporting strong reta

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest in an absolute NNN leased Wendy’s property located in Charlotte, North Carolina. Though the store is currently dark, the corporate tenant remains fully bound to its lease obligation with over 13 years remaining on the primary term. The lease features 7.5% rental increases every 5 years, providing steady NOI growth and a reliable hedge against inflation. With the tenant responsible for taxes, insurance, CAM, and maintenance, the property offers a passive, management-free investment with strong repositioning or backfill upside.

FOR SALE DETAILS

PRICE

$2,094,000 USD

PRICE/SF

$644 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wendy's (Dark) | 13+yrs Remain Abs NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

1.02 AC

LAND SF

44,431 SF

ZONING

B-1(CD)

APN/PARCEL ID

111-074-27

ASK ABOUT THIS PROPERTY

Britt RaymondSRS Real Estate PartnersMore Info
929-229-2614

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Britt RaymondSRS Real Estate PartnersMore Info
929-229-2614

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