TD Bank

3310 Wilkinson Blvd, Charlotte, NC
Deal Type:
Net Lease
Price:
$1,648,920
Cap Rate:
5.00%
Current Rent:
$82,446
Lease Type:
DoubleNet
Lease Term:
10 years
Landlord Responsibilities:
Roof and Structure
Renewal Options:
Four, 5-year options
Building Sq. Ft.:
3,171 SF
Rent Increases:
10% every 5 years
Site Size:
1.05 AC

Investment Highlights

  • Brand new 10-year NN lease with 10% rental escalations throughout the initial term and options
  • The building is currently undergoing renovations which will limit CAPX exposure in the near term
  • Out-parcel to a Walmart Supercenter with direct frontage on the heavily traveled Wilkinson Blvd (38,000 VPD)
  • Subject property located in a densely populated sub-market with over 190,000 residents within a 5-mile radius and incomes of over $111,000
  • Excellent retail trade area that includes Walmart Supercenter, Wells Fargo, Advance Auto Parts, McDonalds, Popeyes, Bojangles, Burger King, CVS, etc.

Listing Agents

Sasha Dominguez

Vice President
786 443 4960
[email protected]
phil digennaro stream capital partners

Phil DiGennaro

Managing Director
203 610 1541
[email protected]

Graham Gold

Vice President
314 324 8792
[email protected]

In Association with Scott Reid & ParaSell, Inc. | A Licensed North Carolina Broker #C32060

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