294 Turnersburg Hwy
Statesville (Outside Charlotte), NC 28625
Hwy 55
| Offering Summary | |||
|---|---|---|---|
| Price | $2,625,000 | Cap Rate | 6.00% |
| NOI | $157,500 | Square Feet | 2,949 SF |
| Lot Size | 38,768 +/-SF | Year Built | 2022 |
| Lease Type | Absolute NNN | Lease Term | 20 Years |
Investment Highlights
- Brand New 2022 Construction (New Prototype)
- 20-Year Absolute NNN Lease w/ 10% Increases Every 5-Years
- Traffic Counts Exceed 24,000 Vehicles Per Day
- Directly Across from Publix & Lowe’s Anchored Shopping Center
- Excellent Visibility & Frontage Along Turnersburg Hwy – The Major Thoroughfare Going from Statesville to Downtown Charlotte
- Average Household Income Exceeds $73,000 (5-Mile Radius)
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For More Information, Please Contact:
John R Wertz
Managing Principal
(619) 218-6427
jwertz@wertzrealestate.com
Greg LaBarre
Vice President
(619) 997-1242
glabarre@wertzrealestate.com