QuikTrip - Charlotte MSA

5,879 SF | Retail Building | Concord, NC 28027 | $7,480,000 ($1,272/SF) | 5% Cap Rate

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $7,480,000

Property Type
Retail
Square Feet
5,879 SF
Price / Square Foot
$1,272

Listing Contacts

Patrick Nutt
Patrick Nutt
Verified Profile
William Wamble
William Wamble
Verified Profile
Jarrett Slear
Jarrett Slear
Verified Profile
  • Property Info

Property Overview

Ideal Demographics in Immediate Trade Area
• Population Counts Exceed 150,000 Individuals
• The AHHI exceeds $125,400
Concord Mills - Super Regional Shopping Mall (1,362,000 SF) | Superior Tenant Synergy
• QuikTrip is positioned in an extremely dense retail corridor, surrounded by numerous national credit tenants that constantly drive consumer activity
• The subject property located across from Concord Mills Shopping Center, a Super Regional Mall that spans over 1,362,000 square feet and anchors by four major retailers; Bass Pro Shops Outdoor World, Nike Factory Store, T.J. Maxx and Burlington

Property Details

Class
B
Year Built
2017
Stories
1
Property Subtype
Service, Freestanding
Lot Size (sq. ft)
137,650 SF

Highlights

  • 14+ Years of Remaining Term | QuikTrip Corporate Guaranty | Built in Rental Increases
  • Absolute NNN Lease | Fee Simple Ownership (Land & Building) | Zero Landlord Responsibilities
  • Growth in Charlotte MSA | Downtown Charlotte (North Carolina)
  • Interstate 85 (160,000 VPD) | Signalized Hard Corner Intersection | Ideal Access & Visibility

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