205 E Central Avenue Catawba, NC 28609

Listing agency JP & Associates Realtors

Listed by Edward Koepenick · License #NC 304775

Source Crexi

Added: Apr 10 Updated: Jul 21 at 3:52AM Checked: Jul 21 at 3:52AM

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Investment Insights

Based on property information with market context.

This is a corporate sale-leaseback opportunity for an NNN property leased to Mountain Creek Contractors Inc. The tenant specializes in concrete construction services including box culverts, deep foundations, shoring, and heavy civil concrete work. The lease is structured as a ten (10) year term with two (2) options to renew for five (5) years each, with a 10% rent increase at each renewal option. The lease is to be executed upon closing.

The facility is located at 205 E. Central Avenue in Catawba, North Carolina, approximately one hour from Charlotte. It sits just south of I-40, and Catawba is described as being halfway between Hickory and Statesville along the Catawba River.

Key Highlights

• 10‑year NNN sale‑leaseback with Mountain Creek Contractors Inc. as the tenant
• Two 5‑year renewal options available, with a 10% rent increase at each renewal
• Lease to be executed upon closing

Property Analytics

Location Intelligence

FAQs

What type of property is this?

NNN property - Corporate sale-leaseback with a 10-year NNN lease and two five-year renewal options for a concrete construction tenant.

Where is this nnn property located?

The property is located at 205 E Central Avenue Catawba, NC.

What are key features of this property?

This property features: 10‑year NNN sale‑leaseback with Mountain Creek Contractors Inc. as the tenant; Two 5‑year renewal options available, with a 10% rent increase at each renewal; Lease to be executed upon closing