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742 Highway 27
Lincolnton, NC 28092
Food Lion · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Free-Standing Food Lion building in the Charlotte MSA with limited landlord responsibilities
  • Property is in excellent condition; the roofing system was replaced in 2018 with a 20-Year transferrable warranty
  • Strong performing Food Lion with sales of $20.2M ($450 PSF) and a 1.5% Rent to Sales Ratio. Creditntell ranks this location in the top 20th percentile

PROPERTY FACTS

Property Type
Retail
Property Subtype
Supermarket
Building Size
44,924 SF
Building Class
B
Year Built
1994
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
10.29 AC
Zoning
P-B - Commercial
Parking
333 Spaces (7.41 Spaces per 1,000 SF Leased)
Frontage
430’ on Spake Rd

AMENITIES

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
58918
Land Assessment
$861,713
Improvements Assessment
$3,847,790
Total Assessment
$4,709,503
  • Listing ID: 34616188

  • Date on Market: 1/27/2025

  • Last Updated:

  • Address: 742 Highway 27, Lincolnton, NC 28092

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