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Adams Auto Group - Charlotte, NC 6625 E Independence Blvd 7,006 SF Flex Building Charlotte, NC 28212 $5,390,716 CAD ($769.44 CAD/SF) 7.25% Cap Rate
Investment Highlights
- STRONG LEASE FUNDAMENTALS - 8+ YEARS OF LEASE TERM REMAINING
- OVERSIZED 1.45 AC PARCEL
- SYNERGISTIC RETAIL NODE - 1.4M+ SF WITHIN 1 MILE
- ESTABLISHED AND WELL-REVIEWED LOCAL TENANT
- HIGH PROFILE LOCATION ON MAJOR THOROUGHFARE
- THE TAR HEEL STATE - 3RD FASTEST GROWING RATE OF ALL US STATES
Executive Summary
Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of Adams Auto Group in Charlotte, NC. The tenant has 8+ years remaining on their absolute
net lease with one (1) five (5) year option period. The property is located in a dense and affluent area with direct accessibility from E. Independence Blvd, a highly trafficked
thoroughfare seeing over 58,600 VPD.
net lease with one (1) five (5) year option period. The property is located in a dense and affluent area with direct accessibility from E. Independence Blvd, a highly trafficked
thoroughfare seeing over 58,600 VPD.
Property Facts
| Price | $5,390,716 CAD | Rentable Building Area | 7,006 SF |
| Price Per SF | $769.44 CAD | No. Stories | 1 |
| Sale Type | Investment | Year Built | 2007 |
| Cap Rate | 7.25% | Tenancy | Single |
| Property Type | Flex | Parking Ratio | 19.98/1,000 SF |
| Property Subtype | Showroom | Clear Ceiling Height | 18’ |
| Building Class | B | No. Drive In / Grade-Level Doors | 5 |
| Lot Size | 1.45 AC | ||
| Zoning | B-2 | ||
| Price | $5,390,716 CAD |
| Price Per SF | $769.44 CAD |
| Sale Type | Investment |
| Cap Rate | 7.25% |
| Property Type | Flex |
| Property Subtype | Showroom |
| Building Class | B |
| Lot Size | 1.45 AC |
| Rentable Building Area | 7,006 SF |
| No. Stories | 1 |
| Year Built | 2007 |
| Tenancy | Single |
| Parking Ratio | 19.98/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Drive In / Grade-Level Doors | 5 |
| Zoning | B-2 |
Amenities
- Fenced Lot
- Signage
Utilities
- Lighting
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Electric
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Adams Auto Group, Inc.
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Adams Auto Group, Inc. | - | - | - | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 165-143-06 | Improvements Assessment | $1,271,825 CAD |
| Land Assessment | $3,462,727 CAD | Total Assessment | $4,734,552 CAD |
Property Taxes
Parcel Number
165-143-06
Land Assessment
$3,462,727 CAD
Improvements Assessment
$1,271,825 CAD
Total Assessment
$4,734,552 CAD
Contacts
-
David Hoppe -
Zack Hilgendorf -
Nick Hilgendorf -
Ben Olmstead -
Kendra Doherty -
Atlantic Capital Partners
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Adams Auto Group - Charlotte, NC | 6625 E Independence Blvd
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