Log In/Sign Up
Your email has been sent.
McDonald's 3961 Village Ctr S 4,469 SF 100% Leased Retail Building Sherrills Ford, NC 28673 $2,133,000 ($477.29/SF) 3.75% Cap Rate
Investment Highlights
- STRONG LEASE FUNDAMENTALS
- FRONTING MAJOR RETAIL CORRIDOR
- AFFLUENT LAKE MARKET
Executive Summary
CORPORATE GUARANTEE FROM STRONG CREDIT TENANT
- McDonald’s has over 40,000 locations worldwide
- S&P Credit Rating of BBB+ and has a market capitalization of $218B (NYSE: MCD)
- Over $23B 2022 Revenue
INVESTMENT HIGHLIGHTS FRONTING MAJOR RETAIL CORRIDOR
- Site fronts NC-150 (13,500 VPD), within a 1-mile radius of the McDonalds there is more than 175K SF of retail space boasting an overall vacancy rate of 0%
- Nearby National Retailers Include: Publix Super Market, Jersey Mike’s, Starbucks, and more
THE VILLAGES AT SHERRILLS FORD
- Site is located within the Villages at Sherrills Ford
- This 206-acre development boasts more than 6,000 residential lots and a large mix of retail, residential, and medical space
- With over 500k SF of commercial space this community is set to add over $100 million dollars in economic impact to the surrounding area
STRONG LEASE FUNDAMENTALS
- 10% rent increases every 5 years during current term term & options periods
- Absolute NNN Ground lease
- Eight (8) five (5) year option periods
CHARLOTTE, NC - A TOP PERFORMING MARKET NATIONALLY
- Charlotte, NC is now the 14th largest city in the U.S., with a population exceeding 943,000
- From 2020 to 2024, Charlotte recorded the 4th largest population increase in the nation, adding more than 69,000 residents
- Ranked among the top 10 hottest housing markets, Charlotte placed 7th nationally
- Over the past decade, the Charlotte region has experienced 24% employment growth, with an additional 8% job expansion projected between 2024 and 2030
AFFLUENT LAKE MARKET
- Surrounding the site within a 1-mile radius the AHHI exceeds $125,000
- In a 5-mile radius there are more than 33K potential customers with an AHHI greater than $160,000
- McDonald’s has over 40,000 locations worldwide
- S&P Credit Rating of BBB+ and has a market capitalization of $218B (NYSE: MCD)
- Over $23B 2022 Revenue
INVESTMENT HIGHLIGHTS FRONTING MAJOR RETAIL CORRIDOR
- Site fronts NC-150 (13,500 VPD), within a 1-mile radius of the McDonalds there is more than 175K SF of retail space boasting an overall vacancy rate of 0%
- Nearby National Retailers Include: Publix Super Market, Jersey Mike’s, Starbucks, and more
THE VILLAGES AT SHERRILLS FORD
- Site is located within the Villages at Sherrills Ford
- This 206-acre development boasts more than 6,000 residential lots and a large mix of retail, residential, and medical space
- With over 500k SF of commercial space this community is set to add over $100 million dollars in economic impact to the surrounding area
STRONG LEASE FUNDAMENTALS
- 10% rent increases every 5 years during current term term & options periods
- Absolute NNN Ground lease
- Eight (8) five (5) year option periods
CHARLOTTE, NC - A TOP PERFORMING MARKET NATIONALLY
- Charlotte, NC is now the 14th largest city in the U.S., with a population exceeding 943,000
- From 2020 to 2024, Charlotte recorded the 4th largest population increase in the nation, adding more than 69,000 residents
- Ranked among the top 10 hottest housing markets, Charlotte placed 7th nationally
- Over the past decade, the Charlotte region has experienced 24% employment growth, with an additional 8% job expansion projected between 2024 and 2030
AFFLUENT LAKE MARKET
- Surrounding the site within a 1-mile radius the AHHI exceeds $125,000
- In a 5-mile radius there are more than 33K potential customers with an AHHI greater than $160,000
Property Facts
Sale Type
Investment NNN
Property Type
Building Size
4,469 SF
Building Class
C
Year Built
2024
Price
$2,133,000
Price Per SF
$477.29
Cap Rate
3.75%
NOI
$80,000
Percent Leased
100%
Building Height
1 Story
Building FAR
0.07
Lot Size
1.43 AC
Zoning
PD-CD - Planned Development
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- McDonald's
- Retailer
- 4,469 SF
- -
- Mar 2044
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| McDonald's | Retailer | 4,469 SF | - | Mar 2044 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 4607169354530000 | Improvements Assessment | $1,891,000 |
| Land Assessment | $1,239,600 | Total Assessment | $3,130,600 |
Property Taxes
Parcel Number
4607169354530000
Land Assessment
$1,239,600
Improvements Assessment
$1,891,000
Total Assessment
$3,130,600
Contacts
-
David Hoppe -
Mike Lucier -
Ben Olmstead -
Connor Kuchman -
Ben McCarter -
Atlantic Capital Partners
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
McDonald's | 3961 Village Ctr S
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.