7026 Albemarle Rd
Charlotte, NC 28227
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Commitment to Location – Burger King has operated at this site since 1987 and recently extended their lease to a full, 15-year term
- Essential Retailer - Burger King, with its drive-thru and take-out business, has enjoyed continuous operation throughout COVID-19 restrictions
- Growing Area - 3-Mile Population has grown by over 16% since 2010 |Continued Growth of over 7% expected over the next 5 years
- Commitment to Location – Burger King has operated at this site since 1987 and recently extended their lease to a full, 15-year term
- Passive Income - Absolute NNN Lease with no Landlord Responsibilities
- Dense Trade Area - 3 mile population of over 100,000 | 5 mile population of over 226,000 | Over 1,500 apartments are located within 0.6 miles
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,500 SF
Building Class
B
Year Built
1987
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.18 AC
Zoning
B2
AMENITIES
- Drive Thru
PROPERTY TAXES
| Parcel Number | 109-181-14 | Improvements Assessment | $879,200 |
| Land Assessment | $1,428,200 | Total Assessment | $2,307,400 |
