Listed by MPV Properties
$9,678,648
Christenbury Retail
Details
Property Type Office, Retail
Sub Type Medical Office, Restaurant
Square Footage 15,173
Cap Rate 6.15%
NOI $595,236
Occupancy 100%
Tenancy Multi
Brand/Tenant Buffalo Wild Wings, Heartland Dental
Lease Type NNN
Price per SqFt $638
Class A
Year Built 2025
Buildings 2
Stories 1
Investment Type Net Lease
Tenant Credit Corporate Guarantee, Franchisee
Christenbury Retail | 6.15% CAP | 15,173 SqFt
Marketing description
- New Construction – ±15,173 SF Multi-Tenant Retail Asset
- Strategically Located – Less than 1 mile from Concord Mills and I-85, within a dominant regional retail corridor
- Shadow-Anchored Mixed-Use Environment – Adjacent to Lowes Foods and The Residences at Christenbury Village (156 units) creating a built-in customer base and consistent daily traffic
- Diversified Service-Oriented Tenant Roster – Another Broken Egg Cafe, Woof Gang Bakery & Grooming, Fleet Feet, Buffalo Wild Wings GO, Petfolk, Heartland Dental and more
- NNN Lease Structure – minimal landlord responsibilities, ensuring predictable cash flow
- Built-In Income Growth – annual rent increases during base and option periods provide an inflation hedge and long-term NOI growth
Investment highlights
- New Construction – ±15,173 SF Multi-Tenant Retail Asset
- Strategically Located – Less than 1 mile from Concord Mills and I-85, within a dominant regional retail corridor
- Shadow-Anchored Mixed-Use Environment – Adjacent to Lowes Foods and The Residences at Christenbury Village (156 units) creating a built-in customer base and consistent daily traffic
- Diversified Service-Oriented Tenant Roster – Another Broken Egg Cafe, Woof Gang Bakery & Grooming, Fleet Feet, Buffalo Wild Wings GO, Petfolk, Heartland Dental and more
- NNN Lease Structure – minimal landlord responsibilities, ensuring predictable cash flow
- Built-In Income Growth – annual rent increases during base and option periods provide an inflation hedge and long-term NOI growth
Listing Contacts
Listed by MPV Properties
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$595,236.00
$49,603.00/mo
Valuation Metrics
0
DSCR
6.15%
Cap Rate
6.15%
ROI
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