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8415 Old Statesville Rd
Charlotte, NC 28269

$1,200,000 USD

Auto Repair For Sale  •  6,854 SF

Property Details

• Property Type Auto Repair
• Total Building Size 5,668 SF
• Lot Size 0.97 AC
• Building Class B
• Year Built 2000
• Cap Rate 6.28 %
• Tenancy Single
• Zoning I2

29 Transit Score

34 Walk Score

Highlights

Top 15 National Market - Charlotte, NC is the 15th largest city in the country, creating long term growth, stability, and population influx.

Low Rent Per SF - Current tenant is paying less than half of market rent according to CoStar

High Visibility - The subject property is highly visible, on a corner that sees over 56,000 VPD

Corporate Lease - Goodyear Tire & Rubber Co is the lease entity, a publicly traded company boasting a $3.8 billion market cap (2023)

High Visibility on Busy Street – The subject property is highly visible form W.T. Harris Blvd (Hwy 24) seeing over ±37,000 vehicles per day.

Recent Extension – The tenant recently extended the lease with annual rent bumps, showing long-term commitment to this location.

Cap Rate:

6.28 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Goodyear

Public Transportation

Commuter Rail	Drive	Walk	Distance
Charlotte Amtrak Station (Carolinian - Amtrak, Crescent - Amtrak, Piedmont - Amtrak)	15 min	-	8.0 mi
Airport	Drive	Walk	Distance
Concord-Padgett Regional	16 min	-	9.5 mi
Charlotte/Douglas International	26 min	-	15.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	24
Type:	Surface
Included in Rent:	Yes