Exchange St. Industrial Sale-Leaseback Warehouse | Charlotte, NC

3 weeks ago


Charlotte, United States Sands Investment Group Full time

Tenant: **Exchange St. Industrial Sale-Leaseback Warehouse | Charlotte, NC**

Premises: **61,998 SF**

Renewal Options: **5 x 1 Year** * Very Attractive Lease Terms: Initial 5-Year Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities

* Features Strong Annual Increases Throughout the Initial Lease Term and Option Periods

* Sale-Leaseback Opportunity With an Established Landscaping Company in Charlotte

* The Building is a Solid Industrial Building That Has a Functional Layout For a Variety of Tenants, Including a Laydown Yard Which Allows For Ample Outdoor Storage

* Value Add Potential the Rents Are Almost 50% of the Market Rate, Giving an Investor Tremendous Potential to Increase Revenue With a Strong Tenant After the Lease Term

* Experienced Operator at Under-Market Rents Providing the Opportunity For an Investor to Enjoy Positive Cash Flow With a Long Term In-Place Lease

* Strong Regional Business With Over 40 Years of Successful Operating History

* Tenant is One of Mecklenburgs Premier Landscaping Business Handling a Diverse Mix of Clients Ranging From Residential, Commercial, Maintenance and Custom Landscape Design

**Exchange St. Industrial Sale-Leaseback Warehouse | Charlotte, NC**

919 Exchange Street - Charlotte, NC 28208

$5,889,810

Cap Rate: **%**

Status: **Available**



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