430 Minuet Lane
Charlotte, NC 28217 ·
18,842 SF · Retail For Sale
Charlotte Post Office
|Building Size||18,842 SF||Occupancy||100%|
|Property Use Type||Investment||Lot Size||3.70 AC|
|Listing ID: 14339878||Date Created: 09/19/2005||Last Updated: 03/15/2006|
Marcus and Millichap is pleased to offer a United States Postal property with a 10 year lease. The subject property is located on 430 Minuet Lane in Charlotte, NC. The building consists of 18,842 net floor space on a total site of 3.7 acres of land. The building is 100% leased to the USPS, with no early termination or purchase options. The landlord is responsible for roof, structural elements of the building and insurance. The USPS is responsible for ordinary repairs, reimburses property taxes and is responsible for general custodial items and utilities. This offering affords the investor the rare opportunity to own a long term leased property with significant cash flow all backed by the full faith and credit of the USPS. The rent bumps 22.5% in the 5 year option period which begins 2014.
This Post Office is ideally situated between two major highways and the international airport, all of which are key to the tenant. Charlotte is the 6th largest trading and wholesale region in the US. The city has numerous headquarters of Fortune 500 companies and the airport is one of the SE region's busiest. Charlotte is also known as the 2nd largest banking center in the nation controlling over $1 trillion in assets.
- 10 Year USPS Lease w/5 year option.
- Low Rent=upside.
- 18,842 sqft building on 3.7 acres.
- 5th largest Urban Region in USA.
- Ultra Secure and Stable Tenant.
- Key Facility for USPS.
6401 N Tryon Street
Charlotte, NC 28213
For Sale · $1,390,000
19,600 SF Building
400 E Trade Street
Charlotte, NC 28202
For Sale · $2,800,000
14,000 SF Building
421 East Sugar Creek Road
Charlotte, NC 28213
For Sale · $900,000
22,250 SF GLA
2501 The Plaza
Charlotte, NC 28205
For Sale · Price Not Disclosed
22,000 SF GLA
Not exactly what you're looking for? Start a new custom search to find the perfect property
The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.