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Property Details

Burger King in Locust, NC, Locust, NC 28097
Absolute NNN Investment Sale | View Property Flyer

• Investment sale
• Located in Locust, NC, a suburb of Charlotte, NC
• Sales price: $2,795,000
• Lease: 20-Year Absolute NNN
• Current NOI: $145,000
• Tenant: Burger King
• Lease has (4) five-year renewal options
• 7.5% Rent bumps every five years
• 40+ unit guarantee