12723 Albemarle Rd

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12723 Albemarle Rd

Charlotte, NC 28227
Asking Price
$1.85M
Cap Rate
5%
Asset Type
Auto Shop Retail
Class
Class B

What's Special

Explosive Population Growth | Zero Landlord Responsibilities | Experienced Operator <p>• Brand new 2026 construction</p><p>• Absolute net ground lease | Zero landlord responsibilities with a new 15-year lease term</p><p>• Experienced operator | QAS II, LLC | 200 locations across 13 states | Second largest franchisee of Valvoline</p><p>• Explosive population growth within 1-mile | 223.64% from ’10-‘25 | Mint Hill is one of the fastest growing suburban towns within the Charlotte MSA</p><p>• Located within a new retail development corridor | Strong tenant demand and continued reta

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NOI
$80,000
Cap Rate
4.32%
DSCR
0.73
Underwater
Cash-on-Cash
-5.38%
Monthly Payment
$9,152.791
Annual Cash Flow
$-29,833.487

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