About 1027 Horseshoe Lake Road
Sale and Leaseback at a target 7% cap rate. Proposed annual lease of $106,750 with 10-yr term (negotiable) and an absolute NNN lease. Current owner and future tenant is an Auto Collision Center. ±19,118 SF retail property on 2.09 acres of land. Substantial improvements already made to the building with more to come. Property is adjacent to a site for a new 325,000 SF Bosch facility that is supposed to be in place within 24-months bringing 400 new jobs to the area.
Features of 1027 Horseshoe Lake Road
| MLS® # | 4066907 |
|---|---|
| Price | $1,525,000 |
| Bathrooms | 0.00 |
| Acres | 2.09 |
| Year Built | 1991 |
| Type | Commercial Sale |
| Sub-Type | Automotive |
| Status | Active |
Community Information
| Address | 1027 Horseshoe Lake Road |
|---|---|
| City | Lincolnton |
| County | Lincoln |
| State | NC |
| Zip Code | 28092 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | No |
Additional Information
| Date Listed | September 6th, 2023 |
|---|---|
| Days on Market | 25 |
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Office | NewLeaf Commercial Real Estate |
|---|