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Adams Auto Group 6027-6125 N Tryon St 10,163 SF Retail Building Charlotte, NC 28213 $11,620,000 ($1,143.36/SF) 7% Cap Rate
Investment Highlights
- Absolute net lease | Zero landlord responsibilities | Desirable lease term | 8+ years remaining
- Affluent surrounding area | $103,739 average household income within a 5-mile radius
- Large parcel | 10.38 acres
- Great visibility & access from N. Tryon St. | 26,500 VPD
- Attractive population density within a 5-mile radius | 277,996 residents
- Strong population growth within 3-miles | 17.82% from ’20-‘26
Executive Summary
Ransome Foose and Carl Brendes of Berkeley Capital Advisors are pleased to present for sale Adams Auto Group in Charlotte, NC. We welcome your review of this attractive investment.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
10,163 SF
Building Class
B
Year Built
2015
Price
$11,620,000
Price Per SF
$1,143.36
Cap Rate
7%
NOI
$813,450
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
10.38 AC
Zoning
Commercial
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
40/100
Somewhat bikeable
30/100
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
Contacts
-
Ransome Foose -
Carl Brendes -
Quinn O'Donnell -
Matt Sagehorn -
Berkeley Capital Advisors
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