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Sold

20300 W Catawba Avenue

20300 W Catawba Avenue, Cornelius, NC 28031

$2,777,777

This brand new, absolute ground leased Starbucks property is available in the very desirable town of Cornelius, NC. The property is situated in a high traffic location off of I-77, just 19 miles north of Charlotte. The property measures 3,237 SF and is situated on a lot measuring 0.97 acres. Starbucks signed a 20 year absolute ground lease, which provides no landlord responsibilities, in June 2018, which will commence upon Starbucks' opening date at the location. Starbucks will be responsible for all building and parking lot maintenance during the duration of the lease.The property is priced at a 4.5% CAP rate.

0.97 Sq.Ft. lot

LICENSE# 10301210912

LISTING AGENT

David Sokolowski

Licensed Associate Real Estate Broker

David is a well-known real estate expert who has been in the industry for over the last decade and is the epitome of a hybrid broker. David works throughout all five boroughs and the greater NYC metro area including Westchester, The Hudson Valley, The Catskills, Long Island and The Hamptons, as well as across the country. Recognizing that the real estate industry is now more intricately connected on a global scale than ever before, via the advent of social media and AI, David utilizes this to market properties not just locally but across the entire world.

LICENSE# 10301210912

Contact

Features & Amenities

Area & Lot

Status Sold
Total Area3,237 Sq.Ft.
Lot Area0.97 Sq.Ft.

Financial

Sales Price$2,777,777

Work With Us

BOND New York is distinguished by our quality customer service, hands-on management staff, advanced technology for providing inventory, landlord relationships, and ability to cultivate the best new talent out there.