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910 Concord Pky N
Concord, NC 28027
Goodyear · Retail Property For Sale
Property Facts
About 910 CONCORD PKY N , CONCORD, NC 28027
Arey Properties proudly offers for sale the Goodyear Tire & Service building (“Property”), a single tenant retail outparcel totaling 7,200 sf, prominently located at 910 Concord Parkway in the Concord submarket of the highly desirable Charlotte, North Carolina metropolitan area. The Property is 100% leased on a NNN basis to the Goodyear Tire & Rubber Company (“Tenant”), a tire and automotive parts specialty supplier and servicer with an investment grade credit rating (Moody’s: Ba2). The Tenant has demonstrated a lasting commitment to the Property since the commencement of the original lease in January 1997. Additionally, the Tenant signed a two year lease extension on October 1, 2017, with the option to extend another five years. Under the terms of the lease, the Tenant is responsible for all utilities, insurance and general maintenance expenses. The current lease terms are below the prevailing market rents and represent a value-add opportunity for future ownership.
Property Taxes
| Parcel Number | 5611-83-8374-0000 | Improvements Assessment | $412,990 |
| Land Assessment | $349,720 | Total Assessment | $762,710 |
Property Taxes
