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Lowes Foods: Huntersville, NC 14021 Boren St 25,357 sq ft Retail Property Huntersville, NC 28078 £4,360,194 (£171.95/sq ft) 7.75% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Concept Store - Second-Floor Mezzanine Available for Booking Events & Planned Entertainment.
- 5,810 Multifamily Units within a 3-mile Radius.
- 13 Miles from Downtown Charlotte, NC
EXECUTIVE SUMMARY
The CBRE Net Lease Property Group is pleased to offer for sale the 25,357-square-foot Lowes Foods situated on 3.07 acres in Huntersville, North Carolina (MSA Population: 2.87M). Lowes Foods's NN lease features ±6.4 years of term remaining with 10% annual rent increases in February 2027 and in each of the two, 5-year renewal options.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Supermarket
Property Size
25,357 sq ft
Costar Property Class
B
Year Built
2011
Price
£4,360,194
Price per sq ft
£171.95
Yield
7.75%
NOI
£337,915
Tenancy
Single
Number of Floors
1
Loading Docks
2 Exterior
Floor To Floor Height
11 ft
Plot ratio
0.19
Total Plot Size
3.07 ac
Use Class
HC(CD)
Parking
99 Spaces (3.9 Spaces per 1,000 sq ft Leased)
AMENITIES
- Bus Route
- Freeway Visibility
- Pylon Sign
- Signage
- Signalised Intersection
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 017-165-18 | Improvements Assessment | £3,618,239 |
| Land Assessment | £0 | Total Assessment | £3,618,239 |
PROPERTY TAXES
Parcel Number
017-165-18
Land Assessment
£0
Improvements Assessment
£3,618,239
Total Assessment
£3,618,239
CONTACTS
-
Thomas Carr -
Brian Pfohl -
Christopher Bosworth -
Leah Lindell -
Katie Goldberg -
Adam Russ -
CBRE
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Lowes Foods: Huntersville, NC | 14021 Boren St
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