Tenant: **Exchange Street Industrial Sale-Leaseback Warehouse | Charlotte, NC**
Premises: **61,998 SF**
Renewal Options: **5 x 1 Year** Lease Expiration: **5 Years From Close of Escrow**
Lease Type: **Absolute NNN**
Rental Increases: **$0.25 Per SF Annually**
Sands Investment Group is Pleased to Exclusively Offer For Sale the 61,998 SF Absolute NNN Industrial Asset Located at 919 Exchange Street in Charlotte, North Carolina. This Opportunity Provides For a Best-of-Class Investment With Income Growth of an Established Tenant in the Desirable Charlotte Industrial Market.
* 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
In Cooperation With: Sands Investment Group North Carolina, LLC Lic. # 29362 BoR: Amar Goli- Lic. # 310575
Read Additional From SIG, Specializing in Absolute Triple Net Lease Opportunities
**Exchange Street Industrial Sale-Leaseback Warehouse | Charlotte, NC**
919 Exchange Street - Charlotte, NC 28208
$5,889,810
Cap Rate: **%**
Status: **Available**
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