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1151 E Main St
Lincolnton, NC 28092
T-Mobile · Retail Property For Sale
EXECUTIVE SUMMARY
Hannay Realty Advisors, as owner/exclusive
agent, is pleased to offer for sale the fee simple
interest in 1151 E. Main Street in Lincolnton, North
Carolina (the “Property”), a single tenant NNN
retail property leased to T-Mobile in 2,186 SF
situated on 0.804 acres (35,022 SF).
The Property is part sits along the main arterial
in Lincolnton, along Main Street due west from
U.S. Route 321. This Property is situated on one
parcel (100688) totaling +2,186 SF of leased area
located to next the single tenant restaurant
building occupied by Tropical Smoothie Café.
The Property is 100% leased to T Mobile South,
LLC, (T-Mobile) with 9.0 years remaining lease
term.
This offering represents an exceptional
investment opportunity to acquire a recently
constructed and renovated, modern retail
building amid a heavily trafficked retail arterial.
agent, is pleased to offer for sale the fee simple
interest in 1151 E. Main Street in Lincolnton, North
Carolina (the “Property”), a single tenant NNN
retail property leased to T-Mobile in 2,186 SF
situated on 0.804 acres (35,022 SF).
The Property is part sits along the main arterial
in Lincolnton, along Main Street due west from
U.S. Route 321. This Property is situated on one
parcel (100688) totaling +2,186 SF of leased area
located to next the single tenant restaurant
building occupied by Tropical Smoothie Café.
The Property is 100% leased to T Mobile South,
LLC, (T-Mobile) with 9.0 years remaining lease
term.
This offering represents an exceptional
investment opportunity to acquire a recently
constructed and renovated, modern retail
building amid a heavily trafficked retail arterial.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,186 SF
Building Class
C
Year Built/Renovated
2019/2024
Price
$1,525,000
Price Per SF
$697.62
Cap Rate
6.49%
NOI
$99,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.94 AC
Zoning
G-B
Frontage
80’ on Main St
PROPERTY TAXES
| Parcel Number | 100688 | Improvements Assessment | $642,465 |
| Land Assessment | $278,586 | Total Assessment | $921,051 |
PROPERTY TAXES
Parcel Number
100688
Land Assessment
$278,586
Improvements Assessment
$642,465
Total Assessment
$921,051
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