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525 N Cannon Blvd
Kannapolis, NC 28083

$9,600,000 USD

Drugstore For Sale  •  13,650 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 13,650 SF
  • Lot Size 1.28 AC
  • Building Class B
  • Year Built 2012
  • Tenancy Single
  • Zoning C-2
26 Transit Score
49 Walk Score

Highlights

Absolute net lease with zero landlord responsibilities
5% rent increases every 5 years with 15 years remaining
Investment grade credit tenant (S&P: BBB)
Strategically positioned off the signalized hard corner of Jackson Park Road & Cannon Boulevard which has a combined traffic count of 37,000 VPD

Amenities

  • Bus Line
  • Freeway Visibility
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru

Public Transportation

Commuter RailDriveWalkDistance
Kannapolis Station (Piedmont - North Carolina by Train (NC Train)) 4 min - 1.6 mi
AirportDriveWalkDistance
Concord-Padgett Regional 22 min - 13.4 mi
Charlotte/Douglas International 47 min - 33.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 104
Type: Surface
Included in Rent: Yes
Dean Copans 650-465-3993 Stream Capital Partners
Dean Copans 650-465-3993 Stream Capital Partners