Property Details

Taco Bell/KFC

Charlotte, NC
Property ID: 6033

Financial Summary

Asking Price $2,090,000
Cap Rate 5.00%
Net Operating Income (NOI) $104,500
Lease Type Ground Lease, NNN
Lease Term Remaining 12 Years
Increases 10% Every 5 Years
The Offering Memorandum for this property is no longer available.

Contact

Keelee Peterson
Director
404.492.9469
Sheree Strome, CCIM
Director
404.900.5629

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Highlights

  • Excellent retail corridor
  • Absolute NNN lease
  • Close proximity to University of North Carolina-Charlotte (UNCC) & I-85
  • Walmart outparcel
  • Corporate lease
  • 10% rent bump in 2020

Location

5540 University Pointe Blvd
Charlotte, NC

Leigh ClineTaco Bell/KFC