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2035 North Sharon Amity Road
Charlotte, NC 28205
Asking Price
$2.89M
Cap Rate
7%
Asset Type
Pharmacy/Drug Retail
Class
Class B
What's Special
<ul><li><span style="color: rgba(0, 0, 0, 1)">Buyer benefits from higher in-place rent through January 31, 2030; See OM for Details.</span></li><li><span style="color: rgba(34, 34, 34, 1)">CVS recently extended the lease an additional 10 years showing commitment to this location.</span></li><li><span style="color: rgba(34, 34, 34, 1)"> CVS closed a nearby store (3.9 Mi S) and transferred prescriptions to this location adding to customer base.</span></li><li><span style="color: rgba(34, 34, 3
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NOI
$80,000
Cap Rate
2.77%
DSCR
0.47
Underwater
Cash-on-Cash
-10.55%
Monthly Payment
$14,275.667
Annual Cash Flow
$-91,308.003
