38 Heritage Park Dr - Auto Repair FOR SALE


Fletcher, NC 28732
$2,841,429 USD
332-345-4222
38 Heritage Park Dr, Fletcher, NC for Sale
$2,841,429 USD
Auto Repair - FOR SALE
1/2
null | 7% Cap Rate

38 Heritage Park Dr
Fletcher, NC 28732


HIGHLIGHTS

  • Brand New, Long-Term, 20-Year Absolute Triple Net (NNN) Lease
  • Attractive Rental Increases
  • Corporate Guarantee

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Main Street Auto located at 38 Heritage Park Drive, Fletcher, North Carolina 28732. The site consists of roughly 4776 rentable square feet of building space on an estimated 0.32-acre parcel of land. This Main Street Auto is subject to a 20-year Triple Net (NNN) lease, which commenced 12/17/2024. The current annual rent is $198,900 and has scheduled increases of 2.00% Annually Starting Year 6.

FOR SALE DETAILS

PRICE

$2,841,429 USD

PRICE/SF

$810 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Main Street Auto

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

1017098~RC

APN/PARCEL ID

1017098

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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