9825 McKay Road Charlotte, NC 28269

Building Details

Year Built

2019

Listing agency SRS Real Estate Partners Newport Beach c***@gmail.com

Listed by Calvin Short · License #01927216

Source Crexi

Added: Jul 2 Updated: Jul 22 at 3:40AM Checked: Jul 22 at 3:40AM

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Investment Insights

Based on property information with market context.

SRS National Net Lease is pleased to offer the fee simple acquisition (land and building ownership) of an absolute NNN leased retail investment property occupied by Pike Nurseries. The tenant has 14 years remaining on the lease, with two additional five-year options to extend, reflecting ongoing commitment to the site. Rent structure includes 10% rental increases every five years throughout the initial term and at the beginning of each option period.

The property is offered as an absolute NNN with zero landlord responsibilities. The investment is located at 9825 McKay Road, Charlotte, North Carolina.

Key Highlights

• Fee simple (land & building) interest in an absolute NNN leased retail property
• Year built 2019
• Tenant Pike Nurseries with 14 years remaining on the lease

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FAQs

What type of property is this?

NNN property - Absolute NNN leased retail property with 14 years remaining and two five-year extension options.

Where is this nnn property located?

The property is located at 9825 McKay Road Charlotte, NC.

What is the asking price?

The asking price for this property is $7,301,000.

What are key features of this property?

This property features: Fee simple (land & building) interest in an absolute NNN leased retail property; Year built 2019; Tenant Pike Nurseries with 14 years remaining on the lease