Wendy's 20-Year NNN Lease
8521 Concord Mills BLVD., Concord, NC 28027
Absolute NNN
Lease Type
$275,000
Current Rent
2655
Building SF
1.442
Land Acres
2017
Year Built
38,625/day
Traffic Counts
Optimal Lease Structure
Unlock the potential of this prime investment opportunity with a conservative rent-to-sales ratio of just 7%! This STNL property at 8521 Concord Mills BLVD. promises a lucrative return on investment that savvy buyers won't want to miss out on.
Attractive Rental Increases of 10% every five years
20-Year Absolute Triple Net (NNN) Lease; Passive Investment Offering a Long-Term Security of Cash Flow
Compelling Location Fundamentals
Strong Traffic Counts | North Crescent Boulevard and NJ-90 | 56,488 and 38,625 Vehicles Respectively
Dense Retail Corridor | Surrounded by Rite Aid, Gulf Gas, TD Bank, Family Dollar, 7-Eleven, Burger King, Wawa as Well as Others.
Strong Demographics | 491,408 Residents Within a Five-Mile Radius of Subject Property
Compelling Location Fundamentals |Located Near Rutgers University and Temple University
Affluent Educational Presence |Rutgers University, Temple University and Maple High School| Combined Total Enrollment: 107,987 Students | Located Within a Ten-Mile Radius of Subject Property
Philadelphia International Airport | 30 Million Passengers Annually| Less than a 30-Minute Drive from Subject Property
About Concord
Concord is the county seat and the largest city in Cabarrus County, North Carolina; Concord is the second largest city in the Charlotte Metropolitan Area
Home to some of North Carolina’s top tourist destinations, including NASCAR’s Charlotte Motor Speedway and Concord Mills, a 1.4 million square foot shopping mall
About Charlotte
Most populous city in the U.S. state of North Carolina
2017 U.S. Census Bureau estimated the population was 859,035, making it the 17th-most populous city in the United States
Charlotte metropolitan area’s population ranks 22nd in the U.S.
Location Highlights
The property is located in Concord, North Carolina, a city known for its vibrant community and strong economy. Concord is home to the popular Concord Mills shopping mall, which attracts millions of visitors each year.
Concord is also known for its NASCAR roots, being the location of Charlotte Motor Speedway and the headquarters for many NASCAR teams. This brings a unique energy and tourism to the area.
The property is situated near major highways, including Interstate 85 and Interstate 485, providing excellent accessibility and visibility for businesses in the area.
The area around the property features a mix of commercial and residential developments, offering a diverse customer base for businesses looking to establish a presence in the community.
Concord is part of the Charlotte metropolitan area, providing access to a wide range of amenities, services, and a growing population that contributes to the overall economic growth of the region.
Offering Memorandum
Jennifer Frazier
Vice President
(949) 555-4856
jennifer@creop.com
0121554
Location & Neighborhood
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