Log In/Sign Up
Your email has been sent.
Adams Auto Group 6027-6125 N Tryon St 12,000 SF 4-Star Retail Building Charlotte, NC 28213 $11,620,714 ($968.39/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- Premier Provider of Quality Pre-Owned Vehicles
- Absolute Triple Net (NNN) Lease with No Landlord Responsibilities
- Strong Reputation in the Carolinas
EXECUTIVE SUMMARY
NNN Pro is pleased to present the exclusive listing for an Adams Auto Group & Service Center located at 6027 N. Tryon Street, Charlotte, NC 28213. The site consists of roughly 12,000 rentable square feet of building space on an estimated 10.38-acre parcel of land. This Adams Auto Group & Service Center is subject to a 15- year Triple Net (NNN) lease, which commenced 10/31/2019. The current annual rent is $813,450 and has scheduled increases of 10% every 5 years; 2% annually in the option period.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
12,000 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2015
Price
$11,620,714
Price Per SF
$968.39
Cap Rate
7%
NOI
$813,450
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
10.38 AC
Zoning
B2 - Business
Parking
1,000 Spaces (83.33 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Commuter Rail
- Corner Lot
- Fenced Lot
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 089-231-01 | Improvements Assessment | $1,407,600 |
| Land Assessment | $3,355,700 | Total Assessment | $4,763,300 |
PROPERTY TAXES
Parcel Number
089-231-01
Land Assessment
$3,355,700
Improvements Assessment
$1,407,600
Total Assessment
$4,763,300
1 of 3
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Adams Auto Group | 6027-6125 N Tryon St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.