5801 N Sharon Amity Rd | Charlotte, NC 28215
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5801 N Sharon Amity Rd
Charlotte, NC 28215
Wendy's | New, 20-Yr NNN Lease | 2020 Remodel · Retail Property For Sale
Investment Highlights
- Brand-New Lease; Long-Term, NNN: The tenant just signed a new, 20-year, NNN lease with 10% rent increases every 5 years throughout the initial term.
- Strong Operating History: The tenant has over 12 years of success at the location and a history of strong sales
- Signalized Corner Location: Site is located just off a signalized intersection that boasts combined traffic counts over ± 54,300 VPD
- Full Remodel Scheduled: The site is set to undergo a full remodel and reimage to the new Wendy’s prototype building by the end of 2020.
- Strength of Lease Guaranty: The lease is guaranteed by Carolina Restaurant Group, Inc. (120+ unit operator)
- Superb Growth: Charlotte is the #1 ranked most up-and-coming city in America
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,734 SF
Building Class
B
Year Built/Renovated
1988/2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.86 AC
Zoning
O1
Parking
36 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
40 FT on Sharon Amity Rd
Amenities
- Bus Line
- Freeway Visibility
- Pylon Sign
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | 099-221-10 | Improvements Assessment | $796,000 |
| Land Assessment | $1,030,400 | Total Assessment | $1,826,400 |
PROPERTY TAXES
Parcel Number
099-221-10
Land Assessment
$1,030,400
Improvements Assessment
$796,000
Total Assessment
$1,826,400
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