14147 Upward Crossing Dr - Fast Food FOR SALE


Flat Rock, NC 28731
$2,250,000 USD
704-995-2850
14147 Upward Crossing Dr, Flat Rock, NC for Sale
$2,250,000 USD
Fast Food - FOR SALE
1/5
null | 6% Cap Rate

14147 Upward Crossing Dr
Flat Rock, NC 28731


HIGHLIGHTS

  • Attractive Lease Fundamentals
  • Strategic Location - Directly off I-26
  • Nearby Major Industrial Employers

OVERVIEW

Corporate Guarantee from Credit Worthy Tenant - Starbucks has an S&P rating of BBB+ - Over 35,000 locations worldwide - $30.3B in Total Revenue Attractive Lease Fundamentals - Corporate Guarantee from Credit Rated Tenant - 10% rental increases every 5-years including options - Six (6) - five (5) year options - Minimal LL responsibilities New Construction - New build-to-suit Starbucks - Warranties will be assigned to the new owner Strategic Location - Positioned on the morning side of I-26 (59K VPD) exit to Hendersonville - Located in front of a Holiday Inn Express (85 key hotel) and a planned Tru by Hilton (90 key hotel) - Direct access to The Summit at Hendersonville, a 50 unit apartment complex Nearby Industrial Employers - Less than 0.5 miles to Blue Ridge Commerce Center - a 648K SF Class A industrial park - Less than half mile to Parts Unlimited 229K SF distribution facility - Approximately 0.6 miles to Jabil Healthcare’s 160K SF distribution facility

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$865 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.86 AC

LAND SF

37,462 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Mike LucierAtlantic Capital PartnersMore Info
704-995-2850

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Mike LucierAtlantic Capital PartnersMore Info
704-995-2850

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.