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Lowes Foods: Huntersville, NC 14021 Boren St 25,357 SF Retail Building Huntersville, NC 28078 $8,147,293 CAD ($321.30 CAD/SF) 7.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Concept Store - Second-Floor Mezzanine Available for Booking Events & Planned Entertainment.
- 5,810 Multifamily Units within a 3-mile Radius.
- 13 Miles from Downtown Charlotte, NC
EXECUTIVE SUMMARY
The CBRE Net Lease Property Group is pleased to offer for sale the 25,357-square-foot Lowes Foods situated on 3.07 acres in Huntersville, North Carolina (MSA Population: 2.87M). Lowes Foods's NN lease features ±6.4 years of term remaining with 10% annual rent increases in February 2027 and in each of the two, 5-year renewal options.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Supermarket
Building Size
25,357 SF
Building Class
B
Year Built
2011
Price
$8,147,293 CAD
Price Per SF
$321.30 CAD
Cap Rate
7.75%
NOI
$631,415 CAD
Tenancy
Single
Building Height
1 Story
Loading Docks
2 Exterior
Slab To Slab
11’
Building FAR
0.19
Lot Size
3.07 AC
Zoning
HC(CD)
Parking
99 Spaces (3.9 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 017-165-18 | Improvements Assessment | $6,863,193 CAD |
| Land Assessment | $0 CAD | Total Assessment | $6,863,193 CAD |
PROPERTY TAXES
Parcel Number
017-165-18
Land Assessment
$0 CAD
Improvements Assessment
$6,863,193 CAD
Total Assessment
$6,863,193 CAD
CONTACTS
-
Thomas Carr -
Brian Pfohl -
Christopher Bosworth -
Leah Lindell -
Katie Goldberg -
Adam Russ -
CBRE
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Lowes Foods: Huntersville, NC | 14021 Boren St
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