7404 Matthews-Mint Hill Rd | Mint Hill, NC 28227
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
7404 Matthews-Mint Hill Rd
Mint Hill, NC 28227
Chick-fil-A · Retail Property For Sale
Investment Highlights
- Truly Passive Income - Absolute NNN Ground Lease, with no Landlord responsibilities, to investment grade tenant
- Signalized Hard Corner - Exposure to over 20,000 VPD | Ease of Access from Matthews-Mint Hill Road & Cresthill Dr
- Rare Long Lease Term - 20-year ground lease with eight, 5-year options, allowing Chick-Fil-A to occupy the premises through 2081
- Huge Parcel - 3.05 acre parcel provides Chick-Fil-A with adequate parking, traffic flow and the ability to expand if the need arises
- Brand New Construction with Double Drive - Thru - Chick-Fil-A’s most recent building and drive-thru design eases traffic and increases consumer demand
- Significant Rental Increases - 15% base rent increase during initial term at year 16 | 10% each renewal option thereafter
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
4,857 SF
Year Built
2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
2.45 AC
Zoning
R
Parking
30 Spaces (6.17 Spaces per 1,000 SF Leased)
Frontage
242 FT on Matthews-Mint Hill Road
PROPERTY TAXES
| Parcel Number | 197-012-08 | Improvements Assessment | $1,547,700 |
| Land Assessment | $1,105,900 | Total Assessment | $2,653,600 |
PROPERTY TAXES
Parcel Number
197-012-08
Land Assessment
$1,105,900
Improvements Assessment
$1,547,700
Total Assessment
$2,653,600
Learn More About Investing in Retail Properties
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
