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    3700 Wilkinson Blvd Charlotte, NC 28208

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    For Sale
    $2,085,000

    NNN ground lease with a 15-year term in Charlotte, NC.

    Property size:
    1,400 SF
    Lot size:
    0.58 Acres

    Property Features for 3700 Wilkinson Blvd

    General Information

    Size
    1,400 SF
    Lot size
    0.58 Acres

    Source: Colliers | Charlotte Agent Marc Ozburn

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Take 5 Ground Lease

    This property, built in 2023, features a 1,400-square-foot rentable space on a 0.58-acre lot. It is currently occupied by Take 5 Carolinas under a NNN ground lease agreement guaranteed by Take 5 Carolinas, LLC. The lease, which commenced on April 1, 2024, extends for 15 years, expiring on March 31, 2039. The tenant is responsible for taxes, CAM, insurance, roof, and structure maintenance, leaving the landlord with no responsibilities. The lease includes 10% rent increases every five years and four 5-year options.
    Insight Report Location Intelligence

    Current Use by Public Records

    Fat Boy Tires ... Auto Repair Shop Take 5 Oil ... Oil Change Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    J $ J Auto Shop, Fred Hudson Paint & Collision, custom autoworks charlotte nc, Moody's Auto Repair, Tundea Auto Service

    Location Insight

    • Map
    • Local Demand
    City
    Charlotte
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.9028627
    Latitude
    35.2251866

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    FAQs

    What type of property is this?
    Auto shop - NNN ground lease with a 15-year term in Charlotte, NC.
    Where is this auto shop located?
    The property is located at 3700 Wilkinson Blvd Charlotte, NC.
    What is the asking price?
    The asking price for this property is $2,085,000.
    What are key features of this property?
    This property features: - 15-Year NNN Ground Lease with Take 5 Carolinas; - 100% NO Landlord Responsibilities; - Enjoy 10% Rent Increases Every 5 Years
    (803) 517-6515
    Request Owner's contact information
    3700 Wilkinson Blvd Charlotte, NC 28208
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    Charlotte, NC 28208
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3700 Wilkinson Blvd Charlotte, NC 28208
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