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1102 E Church St
Cherryville, NC 28021

$1,287,000 USD

Auto Repair For Sale  •  6,786 SF

Property Details

  • Property Type Auto Repair
  • Total Building Size 6,786 SF
  • Lot Size 1.6 AC
  • Building Class B
  • Year Built 2007
  • Tenancy Single
  • Zoning RET03
30 Walk Score

Highlights

Auto Zone (NYSE: ATO) publicly traded / Investment grade BBB (S&P)
STNL ease of management as tenant responsible for property taxes, liability insurance, and recurring operating expenses
Below Market Rent & Growing income stream - 10% Increase in rent every 5 years
Land & building ownership provide tax benefits - Ideal for 1031 exchange
26 Years at this location with 20 years of potential option term remaining
Located in high growth suburb of Charlotte, NC

Amenities

  • Freeway Visibility
  • Pylon Sign
  • Signage

Public Transportation

AirportDriveWalkDistance
Charlotte/Douglas International 52 min - 31.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 42
Type: Surface
Included in Rent: Yes
Jeff Conover 949-412-1616 Faris Lee Investments
Jeff Conover 949-412-1616 Faris Lee Investments