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McDonald's 5040 Dogwood Blvd 4,777 SF 100% Leased Retail Building Kannapolis, NC 28081 $4,040,823 CAD ($845.89 CAD/SF) 3.80% Cap Rate
INVESTMENT HIGHLIGHTS
- New 20-year absolute NNN ground lease
- Corporate guarantee – backed by a strong national tenant
- High-growth Charlotte MSA (Kannapolis, NC) – rapidly expanding residential and retail submarket
- 10% rental increases every 5 years throughout the base term and option periods
- Prime location within the newly developed Kellswater Commons, retail center anchored by Lowes Foods
- Strong demographics with a population of 29,376 within a 3-mi radius and 94,904 within a 5-mi radius
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Building Size
4,777 SF
Building Class
B
Year Built
2025
Construction Status
Under Construction
Price
$4,040,823 CAD
Price Per SF
$845.89 CAD
Cap Rate
3.80%
NOI
$153,551 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.07
Lot Size
1.60 AC
Zoning
B-G
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McDonald's | 5040 Dogwood Blvd
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