Historical Retail Sale Listing - Cash America - Corp. Absolute NNN Lease

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Cash America - Corp. Absolute NNN Lease

3101 N Sharon Amity Rd, Charlotte, NC 28205

N/A

7,343 SF | Retail

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Retail Property - Off Market

Price:
N/A
Building Size:
7,343 SF
Property Type:
Retail
Property Sub-type:
Free Standing Bldg
Property Use Type:
Net Lease Investment with
10+ years left on lease
Cap Rate:
7.75%
Occupancy:
100%
Tenancy:
Single
Lot Size:
1.20 AC
Listing ID
17420377
Last Updated
over 1 year ago

Highlights

  • Brand New, 10-Year Absolute NNN Cash America w/ 10% Increases Every 5-Years
  • Cash America International, Inc. (NYSE CSH): Founded in 1984 | $1.65B Market Cap | 21% Growth Since 2010
  • Cash America Owns & Operates 1,000+ Locations in the United States and Mexico
  • Located at Albemarle Rd. and N. Sharon Amity Rd. - Traffic: 71,000 Cars / Day
  • Minutes from Eastland Mall (1,000,0000+ Square Feet) Purchased in 2009, Scheduled for Reopening in 2012
  • Near New Wal-Mart Supercenter, Ross, Food Lion, Atlantic Farmers Market

Description

CASH AMERICA INTERNATIONAL, INC. (NYSE: CSH)
- Founded 1984 | HQ in Fort Worth, TX | 6,017 Employees
- $1.65 Billion Market Cap as of October 2011
- 2010: $1.29 Billion Revenue | $115.5 Million Net Income | $796 Million Net Assets
- 3rd Quarter Revenue Up 21% from 2010 | 15% Growth Projected for 2012

Cash America is located at the heavily traveled, signalized intersection of Sharon Amity and Albemarle Road conveniently located 10 minutes east of downtown Charlotte. The property sits in the heart of the Independence Boulevard retail corridor. This area boasts over 100,000 people within a 3-mile radius. The property provides excellent visibility and high traffic volume. Surrounding retail includes neighborhood retail and restaurants . Eastland Mall is located just north of the subject property. Opened in 1975, the center was then the largest mall in North Carolina. Recently purchased and scheduled to re-open in late 2012, Eastland Mall is expected to once again flourish with retailers to fit the diverse nature of Charlotte, North Carolina. A 155,000 Wal-Mart Supercenter recently opened within Eastway Crossing, a 254,608 square foot community center, just west of Cash America on Independence Boulevard between Albemarle and Eastway Roads, which includes Atlantic Farmer' s Market, CATO and the Charlotte Mecklenburg Police Department.

Map of 3101 N Sharon Amity Rd, Charlotte, NC 28205 (Mecklenburg County)

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Created 11/17/2011