6021 Hickory Grove Rd, Charlotte, NC 28215
Fee simple Starbucks investment with a 15.5-year lease and six five-year renewal options, structured as NNN.
Property Features for 6021 Hickory Grove Rd
General Information
Building Details
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Investment Insights
Based on property information with market context.
Starbucks Corporation is the tenant under a newly signed 15.5-year lease with six (6) five-year renewal options. Rental increases are structured at 1.5% annually during the primary term and option periods, with rent remaining unchanged from the beginning of Lease Year 10 through the end of Lease Year 14, before increasing for the final six months of the primary term and continuing with 1.5% annual rental increases throughout the option periods. The lease is structured as NN, with the tenant reimbursing for taxes, insurance, and common area expenses.
The property is offered at 6021 Hickory Grove Rd, Charlotte, NC 28215.
Key Highlights
- Newly constructed 2026 fee simple Starbucks investment property in Charlotte, NC
- Starbucks Corporation tenant (NASDAQ: SBUX | S&P: BBB+) with a 15.5‑year lease
- Six (6) five‑year renewal options provide extended lease term potential
Property Analytics
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Trade Area within ½ mile
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Demographics for 28215, NC
Market
Vacancy Rate% for Retail in Charlotte, NC