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Sold

20300 W Catawba Avenue

20300 W Catawba Avenue, Cornelius, NC 28031

$2,777,777

This brand new, absolute ground leased Starbucks property is available in the very desirable town of Cornelius, NC. The property is situated in a high traffic location off of I-77, just 19 miles north of Charlotte. The property measures 3,237 SF and is situated on a lot measuring 0.97 acres. Starbucks signed a 20 year absolute ground lease, which provides no landlord responsibilities, in June 2018, which will commence upon Starbucks' opening date at the location. Starbucks will be responsible for all building and parking lot maintenance during the duration of the lease.The property is priced at a 4.5% CAP rate.

0.97 Sq.Ft. lot

David Sokolowski

title Licensed Associate Real Estate Broker
PHONE 9172134668
EMAIL [email protected]
DRE # 10301210912

Features & Amenities

Area & Lot

Status Sold
Total Area3,237 Sq.Ft.
Lot Area0.97 Sq.Ft.

Financial

Sales Price$2,777,777

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