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16035 Johnston Rd
Charlotte, NC 28277
Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Drug Store
Building Size
10,880 SF
Building Class
B
Year Built
2004
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.51 AC
Zoning
B1CD
Parking
54 Spaces (5.52 Spaces per 1,000 SF Leased)
Frontage
240’ on Johnston Rd
Amenities
- Drive Thru
About 16035 JOHNSTON RD , CHARLOTTE, NC 28277
Investment Grade Credit: The property is leased to and guaranteed by CVS Health Corporation, an investment grade company with a net worth in excess of $38.2 billion and a BBB+/Stable credit rating from Standard and Poor's. Strong Demographics: Located in Charlotte' s affluent Ballantyne neighborhood with average median household income of approximately $116,500 within a 3 mile radius. History: Tenant has been operating successfully at this location for the past 10 years. Triple Net Lease: Tenant reimburses Landlord for the common area maintenance. Charlotte, NC.
Property Taxes
| Parcel Number | 223-531-19 | Improvements Assessment | $2,508,200 |
| Land Assessment | $2,020,400 | Total Assessment | $4,528,600 |
Property Taxes
Parcel Number
223-531-19
Land Assessment
$2,020,400
Improvements Assessment
$2,508,200
Total Assessment
$4,528,600
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