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Arby's 1001 Aspinal St

2,400 SF Retail Building Waxhaw, NC 28173 $2,971,429 ($1,238/SF) 5.25% Cap Rate

Retail Space North Carolina Waxhaw 1001 Aspinal St, Waxhaw, NC 28173

Investment Highlights

  • ABSOLUTE NNN LEASE | 17 YEARS REMAINING | 5% RENT INCREASES
  • NEW CONSTRUCTION | BUILT IN 2021
  • DENSE RETAIL CORRIDOR | NATIONAL TENANTS
  • LARGE FRANCHISE GUARANTEE | EXPERIENCED OPERATOR
  • EXCELLENT ACCESSIBILITY | ± 23,000 VPD | DRIVE-THRU LANE
  • HIGH DENSITY AND GROWTH DEMOGRAPHICS | ± $111,000 MHHI

Executive Summary

Exclusively Listed By:
Spencer Henderson | 415.315.9287 | shenderson@tradenetlease.com
Scott Scurich | 646.770.0659 | sscurich@tradenetlease.com

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,400 SF
Building Class
B
Year Built
2021
Price
$2,971,429
Price Per SF
$1,238
Cap Rate
5.25%
NOI
$156,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.18 AC
Parking
36 Spaces (15 Spaces per 1,000 SF Leased)
Frontage
508 FT on Aspinal Street

Amenities

  • Drive Thru
  • Air Conditioning

Links

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Nearby Major Retailers

Club Pilates
HOTWORX
Anytime Fitness
Starbucks
Harris Teeter
Truist
East Coast Wings & Grill
Fifth Third Bank
Walmart Neighborhood Market
ALDI

PROPERTY TAXES

Parcel Numbers
Multiple
  • 06-165-435
  • 06-165-436
 Improvements Assessment $2,194,000
Land Assessment $2,626,800 Total Assessment $4,820,800

PROPERTY TAXES

Parcel Numbers
Multiple
  • 06-165-435
  • 06-165-436
Land Assessment
$2,626,800
Improvements Assessment
$2,194,000
Total Assessment
$4,820,800
(415) 315-9287

Contacts

  • Spencer Henderson
    Spencer Henderson
  • Carson Jeremiah
    Carson Jeremiah
  • Camille Renshaw
    Camille Renshaw

  • Listing ID: 31966246

  • Date on Market: 5/30/2024

  • Last Updated:

  • Address: 1001 Aspinal St, Waxhaw, NC 28173

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Arby's | 1001 Aspinal St
(415) 315-9287 x

Arby's | 1001 Aspinal St

1/3

Spencer Henderson

(415) 315-9287

(415) 315-9287

Carson Jeremiah

(469) 949-7540

(469) 949-7540

Camille Renshaw

(917) 790-1482

(917) 790-1482

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