518 E Main St | Lincolnton, NC 28092
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- LoopNet Team
518 E Main St
Lincolnton, NC 28092
Pizza Hut - Charlotte MSA · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 15 Year NNN Lease in Charlotte MSA
- Tenant reports having 20% uptick in company sales during COVID-19 crisis
- Located on the main retail corridor surrounded by national retailers including: Lowes, Walmart, Wendy's, Zaxby's, Cook Out, Taco Bell, among others
- Low rent to sales ratio: 8%
- Strong growing franchisee: 174+ locations
- 1.25% annual rent increases throughout the lease
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,245 SF
Year Built
1977
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.45 AC
Zoning
CBT - Commercial Business
Parking
37 Spaces (16.48 Spaces per 1,000 SF Leased)
Frontage
99’ on E Main St
PROPERTY TAXES
| Parcel Number | 00549 | Improvements Assessment | $291,233 |
| Land Assessment | $200,430 | Total Assessment | $491,663 |
PROPERTY TAXES
Parcel Number
00549
Land Assessment
$200,430
Improvements Assessment
$291,233
Total Assessment
$491,663
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