This property is Off-Market
555 MRN Drive, NW
Concord, NC 28027 ·
24,783 SF · Office For Sale
Triple Net Leased Headquarters Facility
|Building Size||24,783 SF||Occupancy||100%|
|Property Type||Office||Building Class||A|
|Property Use Type||Net Lease Investment with 10+ years left on lease||Lot Size||5.52 AC|
|Listing ID: 17926585||Date Created: 11/26/2012||Last Updated: 04/17/2013|
Cassidy Turley is pleased to present the opportunity to acquire the headquarters for Motor Racing Network (MRN). MRN is the primary source for NASCAR stock car racing and related radio programming. MRN recently extended its lease to 12 years with options to renew. This mission critical facility is 24,783 square feet and is on 5.52 acres of land. Excellent location near the Concord Regional Airport and Interstates 85 and 485 in western Cabarrus county just 25 minutes from uptown Charlotte.
This high quality building is located within the 66 acre Poplar Point Business Park located next to the Concord Regional Airport off of Poplar Tent Rd. in western Cararrus County. Conveniently located near Interstates 85 and 485.
- New 12 year net lease
- 100% leased to Motor Racing Network (MRN)
- Annual rental escalations beginning in year six
- Extensive tenant-funded renovation in 2008
- Includes excess land for future development or sale
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