717 york road | kings mountain, nc | charlotte msa · • access to high volume interstate traffic:...
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![Page 1: 717 YORK ROAD | KINGS MOUNTAIN, NC | CHARLOTTE MSA · • Access to High Volume Interstate Traffic: Located directly on I-85 only 30 minutes south of Downtown Charlotte • High Quality](https://reader036.vdocuments.net/reader036/viewer/2022081522/5fbf6f52148e88320c4f83bb/html5/thumbnails/1.jpg)
INVESTMENT HIGHLIGHTS
INVESTMENT SUMMARYList Price:NOI:Cap Rate:Lease Type:Primary Lease Term:Options:
The information contained herein has been given to us by the owner of the property or other sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verified prior to purchase.
A division of
$1,904,762$100,000
5.25%NNN
10 Years4 - (5) Years
V IEWOFFERING
MEMORANDUM
717 YORK ROAD | KINGS MOUNTAIN, NC | CHARLOTTE MSA
Peter CouchellManaging Director/Shareholder864 678 5923 [email protected]
Robert SchmidtVice President864 678 5995 [email protected]
Green Tree Green Tree ApartmentsApartments
±12,500 VPD
Yo
rk R
dY
ork
Rd
SITE ±59,000 VPD
STARBUCKS | NEW 10-YEAR LEASE
Under Construction
• Brand New 10 Year Lease: Estimated rentcommencement date Q3 2020
• Access to High Volume Interstate Traffic:Located directly on I-85 only 30 minutes southof Downtown Charlotte
• High Quality Construction: Completerenovation with high end finishes, large coveredpatio, and excellent parking ratio
• Corporate Starbucks Lease: Over 30,000locations in 78 countries with corporaterevenues in excess of $24 bil l ion (NASDAQ:SBUX)
• Investment Grade Tenant: S&P Rating BBB+• Booming Greater Market: Charlotte is the
16th largest city in the US• New Casino: The Catawba Nation tribe of
South Carolina has just broke ground on theconstruction of a new casino that wil l costnearly $300 mil l ion. The Casino is located onDixon School Rd just off I-85, only one exitfrom the subject property.