0 Dutch Crk Dr Charlotte, NC 28215
This exceptional investment opportunity presents a newly constructed (2024) Harris Teeter Fuel station in the Charlotte MSA, located on Dutch Crk Dr in Mecklenburg County, NC (zip code 28215). The property boasts a 0.957-acre lot and features 10 gas pumps. This is a single-tenant, absolute NNN ground lease with a corporate guarantee from Harris Teeter, offering significant financial stability. The lease term is 20 years with a remaining term of 20 years, and includes 10% rent bumps every 10 years throughout the base term. Six 5-year options are also included, with rent increases in each option period. The property's current NOI is $75,000, resulting in a 5.00% cap rate. The asking price is $1,500,000. Situated within the Farmington mixed-use center, the largest between Mint Hill and Concord, this property benefits from high visibility and strong traffic flow. The permitted zoning is PUD. This is a truly passive investment opportunity with exceptional long-term potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.