Laveen Spectrum Shopping Center | 100% Leased | New 2024 Construction
Laveen Village, AZ
Advance Auto Parts | Strong Performing Location | Charlotte MSA
224 Hwy 16 S Denver, NC
Price: $1,850,000
Status: Available
Cap Rate: 5.85%
Year Built: 2002
NOI: $108,500
Lot Size: 1.02 acres
Price Per Foot:
SF: 7000
Remaining Term:
Lease Type: Triple-Net (NNN)
Property Intro
Lee & Associates and Bang Realty are pleased to present the opportunity for a qualified investor to acquire Fee Simple interest (land & building) in the Advance Auto Parts located at 224 Highway 16 South, Denver, NC, a high growth sub-market of Charlotte.
investment highlights
• Corporate Lease Guarantee From Advance Stores Company, Inc. (NYSE: AAP)
• Historically Strong Performing Location – Strong Sales Volume
• Denver, NC – High Growth Submarket & Popular Bedroom Community of Charlotte
• Pristine Subject Property Condition – Zero Deferred Maintenance
• 10.8 Years Remaining on Modified NNN Lease – Early Lease Extension – Commitment to Site
• Surrounded by New Commercial and Residential Development Projects
listing agents
related listings
VIEW MORE LISTINGS
Cafe Zupas - Syracuse, UT
Syracuse, UT
Walgreens | Connecticut | Strong Reported Sales
Groton, CT