8105 Kensington Dr - Auto Repair FOR SALE


Waxhaw, NC 28173 | 
$4,241,000 USD
980-498-3293
8105 Kensington Dr, Waxhaw, NC for Sale
$4,241,000 USD
Auto Repair - FOR SALE
1/6
null | 6% Cap Rate

8105 Kensington Dr
Waxhaw, NC 28173


HIGHLIGHTS

  • GOODYEAR CORPORATE GUARANTEE (S&P B+)
  • LONG-TERM CONTRACTUAL CASH FLOW
  • CHARLOTTE MSA INVESTMENT OPPORTUNITY
  • ATTRACTIVE CONTRACTUAL RENTAL GROWTH
  • EXTENSIVE RENEWAL OPTIONS
  • SURROUNDED BY RETAIL, SCHOOLS & MEDICAL SERVICES

OVERVIEW

Atlantic Capital Partners is pleased to offer for sale the Goodyear Auto Service located at 8105 Kensington Drive in Waxhaw, North Carolina. Leased directly to The Goodyear Tire & Rubber Company, the property offers investors a nationally recognized automotive service tenant within the Charlotte metropolitan area. The original 15-year lease includes five additional five-year renewal options, providing an opportunity for continued long-term tenancy. Situated in Union County, the property serves Waxhaw’s growing residential community and benefits from access to the broader Charlotte region’s diverse employment base. Goodyear’s tire sales, vehicle repairs and routine maintenance support recurring customer demand and complement the needs of the surrounding suburban population. The offering combines a direct corporate lease, an established national brand and a service-oriented retail use in an expanding Southeast market.

FOR SALE DETAILS

PRICE

$4,241,000 USD

PRICE/SF

$673 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Goodyear Tire | Waxhaw, NC

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Auto Dealership, Service Station, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.86 AC

LAND SF

37,462 SF

ZONING

CU C-3 WAX

APN/PARCEL ID

06-162-005-H

ASK ABOUT THIS PROPERTY

David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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