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5990 Charlotte Hwy 3,010 SF Retail Building Lake Wylie, SC 29710 $8,450,205 CAD ($2,807.38 CAD/SF) 4.75% Cap Rate
INVESTMENT HIGHLIGHTS
- 2020 Construction. 3,010+/- SF Building on 1.11+/- Acre Site
- Strategically Located Minutes from Lake Wylie, a 12,455-Acre Recreational Lake on the NC/SC Border
- 7-Eleven (S&P Rated A) Operates 85,000 Stores Globally and 15,300+ in North America
- Excellent Highway Location at the Signalized Intersection of State Highway 49 & Lake Wylie Road (43,000+ Combined VPD)
- 20 Miles from Downtown Charlotte, One of the Fastest-Growing Metros and the Second Largest Banking Center in the U.S.
- Clover, SC | Located in Growing York County, 2nd Fastest Growing School District in South Carolina | Population: 6,671
EXECUTIVE SUMMARY
12-Year Absolute NNN Corporate Lease with 7.5% Rental Increases Every 5 Years in both the Primary Term and Renewal Options
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,010 SF
Building Class
B
Year Built
2020
Price
$8,450,205 CAD
Price Per SF
$2,807.38 CAD
Cap Rate
4.75%
NOI
$401,405 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.11 AC
PROPERTY TAXES
| Parcel Number | 5590000018 | Improvements Assessment | $76,210 CAD |
| Land Assessment | $64,086 CAD | Total Assessment | $140,296 CAD |
PROPERTY TAXES
Parcel Number
5590000018
Land Assessment
$64,086 CAD
Improvements Assessment
$76,210 CAD
Total Assessment
$140,296 CAD
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5990 Charlotte Hwy
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