124 James Ave | Locust, NC 28097
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- LoopNet Team
124 James Ave
Locust, NC 28097
Hwy 55 | New 20-Year Absolute NNN Lease · Retail Property For Sale
Investment Highlights
- Brand New 2023 Construction (New Prototype)
- Excellent Visibility & Frontage Along W Main Street - The Major Thoroughfare Going from Locust to Downtown Charlotte
- Average Household Income Exceeds $93,000 (5-Mile Radius)
- 20-Year Absolute NNN Lease w/ 10% Increases Every 5-Years
- Traffic Counts Exceed 23,000 Vehicles Per Day
- Huge Population Growth Over Next 5-Years (Charlotte is the Most Populated & Fastest Growing Metro in the State)
Property Facts
Property Type
Retail
Property Subtype
Building Size
2,490 SF
Building Class
B
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.29 AC
Frontage
182’ on James Avenue
Amenities
- Drive Thru
Property Taxes
| Parcel Numbers | Improvements Assessment | $743,826 | |
| Land Assessment | $6,066,300 | Total Assessment | $6,810,126 |
Property Taxes
Parcel Numbers
Land Assessment
$6,066,300
Improvements Assessment
$743,826
Total Assessment
$6,810,126
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