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32344269
32344270

115 Northcross Lane, Statesville, NC 28625

AS
MI 6​5​0​2​4​3​3​3​0​7
APEX Commercial Real Estate Advisors
SY
MI 6501443637
APEX Commercial Real Estate Advisors
Listed by APEX Commercial Real Estate Advisors
$2,655,000
30 days on market
Updated 30 days ago

Chase Bank

Details
Property Type Retail, Office
Sub Type Bank, QSR/Fast Food (+1)
Square Footage 2,500
Net Rentable (SqFt) 2,500
Units 1
Cap Rate 4.50%
NOI $120,000
Occupancy 100%
Tenancy Single
Brand/Tenant Chase Bank
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 05/31/2041
Remaining Term 15
Rent Bumps Yes
Lease Options Six, Five Year Options
Broker Co-Op True
Class A
Year Built 2026
Buildings 1
Acreage 0.820
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 05/18/2026
Ground Lease Yes

Publix & Lowe’s Outparcel | Directly across from HomeDepot | Charlotte MSA

Investment highlights

2500 +/- square foot building with open floor plan and modern construction, providing a versatile space for retail endeavors.

The property, constructed in 2026, is zoned CU-8 B-4, offering flexibility for various business uses.

Its prime location and high visibility make it an ideal investment opportunity.

Additionally, the ample parking and proximity to major roads enhance its appeal to retail investors, ensuring convenience and accessibility for customers.

With its strong retail potential and strategic placement, this property is well-suited for a vibrant retail establishment in the Statesville area.

Listing Contacts

AS
MI 6​5​0​2​4​3​3​3​0​7
APEX Commercial Real Estate Advisors
SY
MI 6501443637
APEX Commercial Real Estate Advisors
Listed by APEX Commercial Real Estate Advisors

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$120,000.00
$10,000.00/mo

Valuation Metrics

0
DSCR
4.52%
Cap Rate
4.52%
ROI

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Additional Information

Name
Brian Brockman
License
298998
Brokerage
Bang Realty
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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