Price Upon Req.22,901 SF
Property tours are available by appointment only. Please contact the listing broker to schedule an appointment.Auction.com and Cushman & Wakefield are pleased to present the opportunity to acquire Northlite Commons II, a 71% occupied retail center with 22,901 SF of leasable space located in Kannapolis, NC, approximately 26 miles from downtown Charlotte. This asset offers an investor the opportunity to acquire a high-quality retail center that is well-positioned at a major regional shopping destination and provides significant upside through the leasing of vacant space. The retail center consists of a single-story building constructed in 2004 on 2.41 acres of land situated along Roxie Street (11,000 VPD) and adjacent to Northlite Shopping Center, a 720,000 SF regional power center anchored by Wal-Mart, Sam's Club, Kohl's and Hobby Lobby. Northlite Commons II offers great visibility and access from Roxie Street and direct connectivity with the power center. Nearby attractions include the NC Research Campus, Concord Mills and Charlotte Motor Speedway. The center is conveniently accessed from Interstate 85 (71,000 VPD) via Dale Earnhardt Boulevard (15,000 VPD).
Price Upon Req.9,999 SF
**Property tours will be held on Thursday November 12th from 1pm - 4pm and Thursday November 19th from 9am - 12am. Please RSVP with the listing broker.Marketing DescriptionAuction.com and Sperry Van Ness are pleased to present the opportunity to acquire an approx 9,999 SF freestanding retail building located at 7940 Lyles Lane in Concord, North Carolina. The Property is in good condition with easy access from a neighborhood perspective and macro perspective with ingress and egress from Lyles Lane. The property is very well-located along I-85 which has a car count of approximately 115,000 and nearby Bruton St with a car count of 35,000, both providing ample traffic and visibility. This is an excellent opportunity to acquire a newer built property in a strong, stable submarket.The Property is subject to a recorded covenant that gives Simon Property Group (i) a 30 day right of first refusal with respect to any sale of the Property and (ii) approval rights over new leases at the Property.
Five properties plus an additional lot selling as a package as a package. See all photos. Mls numbers 3021019, 3021055, 3021168, 3021172, 3021174. Current owner has rent escalators for most and long leases. Total package price at full price is $416,800. Also please note the property on Oakshade has an additional lot that goes with it. Possibility to add a new rental on it. Town requirements apply, seller makes no representation on the ability to build on it, please check with town. Four of these properties are in Kannaoplis NC and one is in Mooresville NC.I used an estimated 5K in taxes for cap rate. Cap rate figure does not include the cost of insurance or upgrades.
Office space with 21,037 SF of rentable area. Constructed in 1979 and renovated in 2004/2005. Includes a 1,250 SF metal garage/accessory storage structure with four rollup doors. The lower level basement contains approx. 5,166 SF consisting of offices, restrooms, stairwells and elevator with exterior access. The ground level is approx. 8,065 SF consisting of two small lobby areas, offices, alcove for vending machines, interior corridor, restrooms, stairwells, elevator,janitor closet. The upper level is approx. 7,861 SF and similar layout as the ground level.
680' of road frontage. This property is prime for residential development. New schools and growing retail areas add value to the property's potential.
Seller has engaged in extensive communications with Lowe' s during the past year, including the past five weeks, without achieving a lease extension. While seller perceives that Lowe' s wants to remain at this Concord location, Lowe' s is not under any time pressure to strike a deal now and will only be willing to do so at this time on terms more favorable to Lowe' s than seller is willing to accept. While seller is willing to afford buyer an opportunity to talk to Lowe' s, seller is not willing to execute a purchase contract with a buyer that is only willing to close if a lease extension with Lowe' s is achieved. The entrepreneurial upside associated with owning this property is being able to negotiate with Lowe' s when Lowe' s is forced to strike a deal or be confronted with losing this location. That all being said, I' m told by seller that Lowe' s formally approved a lease extension through July, 2026 with a 30% rent reduction. While seller has not pursued with Lowe' s the recently approved lease extension, seller is willing to work with Lowe' s to implement this approved extension should a buyer be interested in purchasing the property with such a lease extension and rental rate.
28,628 sq. ft. corporate headquarters facility for sale at Concord Airport Business Park . Ten-year modified-net lease with strong national tenant. Tenant financial statements, lease and owner expenses provided upon receipt of signed NDA located on back of flyer.
7.5 COMMERCIAL LAND ==CORNER LOCATION OF BOY SCOUT CAMP RD AND ISENHOUR RD=WITHIN VIEW OF KANNAPOLIS PARKWAY=APPROX 1 MILE TO ENTRANCE OF NC RESEARCH CAMPUS=2 PARCELS WITH HOMES BEING SOLD TOGETHER FOR TOTAL OF 7.5 ACRES
467 Acres -111.7 ac zoned R3 in Mecklenburg 119.6 ac zoned under a old PUD in Cabarrus 236.3 ac to be zoned MPID shortly in Cabarrus
Asset Number41023Buyer acknowledges and agrees that the Special Warranty Deed conveying the Property to the Buyer shall contain a restriction which shall run with the land prohibiting the use of the Property as a place of adult entertainment, fast food restaurant, retail grocery store, retail convenience grocery store, or for the sale of items commonly sold in a convenience store, including, but not limited to, candy, chips, snacks, coffee, soda and other carbonated beverages, or for the sale of tobacco products, beer, wine, liquor, spirits, adult materials or drug paraphernalia, or for the retail sale of motor fuels.