717 york road | kings mountain, nc | charlotte msa · • access to high volume interstate traffic:...

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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 couchell@furmancap.com

Robert SchmidtVice President864 678 5995 rschmidt@furmancap.com

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.

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