294 Turnersburg Hwy
Statesville (Outside Charlotte), NC 28625

Hwy 55

Offering Summary
Price $$3,000,000 Cap Rate 5.25%
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