2430 N Chester Street
Gastonia (Charlotte MSA), NC 28052
Zaxby’s
| Offering Summary | |||
|---|---|---|---|
| Price | $3,129,000 | Cap Rate | 5.00% |
| NOI | $156,450.00 | Rentable SF | 4,126 SF |
| Lot Size | 1.22 +/- Acres | Year Built | 2017 |
| Lease Type | Absolute NNN | Lease Term | 15 Years |
Investment Highlights
- New 15-Year Abs NNN Lease with 1.5% Annual Rent Increases
- Traffic Counts Exceed 48,000 Vehicles Per Day
- Excellent Visability and Frontage Along N Chester Street
- 7% Rent to Sales Ratio (5-Years of Operational History & Success)
- 83,000 Residents within 5-Miles of Subject Property
- Average Household Income Exceeds $66,000 (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
glabarrel@wertzrealestate.com