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17029 Kenton Dr 1,344 SF 100% Leased Retail Building Cornelius, NC 28031 $1,549,471 CAD ($1,152.88 CAD/SF) 5.75% Cap Rate

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INVESTMENT HIGHLIGHTS

  • ABSOLUTE NNN LEASE | ZERO LANDLORD RESPONSIBILITIES | 10.0 YEARS REMAINING TERM
  • ADJACENT NEW DEVELOPMENT
  • DRIVE-THRU CONCEPT | 25 PARKING SPACES
  • DUAL-BRAND CONCEPT | BRUSTER’S & NATHAN’S
  • SITUATED IN 100-AC MIXED-USE DEVELOPMENT
  • HIGH PERFORMING SITE

EXECUTIVE SUMMARY

Exclusively Listed By:
Carson Jeremiah | Associate Director | 469.949.7540 | cjeremiah@tradenetlease.com
Camille Renshaw | CEO & Co-Founder | 646.770.0659 | crenshaw@tradenetlease.com

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,344 SF
Building Class
B
Year Built
2001
Price
$1,549,471 CAD
Price Per SF
$1,152.88 CAD
Cap Rate
5.75%
NOI
$89,123 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.07
Lot Size
0.46 AC
Zoning
VC(CD) - Commercial/Commercial development
Parking
25 Spaces (18.6 Spaces per 1,000 SF Leased)
Frontage
46’ on Catawba Ave

AMENITIES

  • Bus Line
  • Dedicated Turn Lane
  • Freeway Visibility
  • Restaurant
  • Signage
  • Wheelchair Accessible

NEARBY MAJOR RETAILERS

PNC Bank
Clean Eatz
Truist
North Italia
Bad Daddy's
Bartaco
Chopt
Firebirds Wood Fired Grill
Jason's Deli
First Watch

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
005-061-33
Land Assessment
$398,546 CAD
Improvements Assessment
$349,782 CAD
Total Assessment
$748,328 CAD
  • Listing ID: 36701627

  • Date on Market: 2025-07-11

  • Last Updated:

  • Address: 17029 Kenton Dr, Cornelius, NC 28031

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