20300 W Catawba Ave
Cornelius, NC 28031

CO-BROKE
Cross street:Liverpool Pkwy & Chance St

Property

Ownership: Income Property
Type: Retail
Area: 3237 sq ft
Lot Size: 0.97 Acres

Financials

Price: $2,777,777
Annual Taxes: $11,287
David Sokolowski
Licensed Associate Real Estate Broker
Licensed as 'David Sokolowski'
578 Driggs Avenue Brooklyn, NY 11211

Description

This brand new, absolute ground leased Starbucks property is available in the very desirable town of Cornelius, NC. The property is situated in a high traffic location off of I-77, just 19 miles north of Charlotte. The property measures 3,237 SF and is situated on a lot measuring 0.97 acres. Starbucks signed a 20 year absolute ground lease, which provides no landlord responsibilities, in June 2018, which will commence upon Starbucks' opening date at the location. Starbucks will be responsible for all building and parking lot maintenance during the duration of the lease.The property is priced at a 4.5% CAP rate.

Sold

Brand New Absolute Ground Lease Starbucks with 20 Year Lease!!


All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.