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$5,440,000
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| | Land Acres | 1.51 | |
| | Percent Occupied | 100 | |
| | GLA | 14,820 | |
| | Building S.F. | 14,820 | |
| | Cross Street | Indian Trail | |
| | Tax Parcel Number | 06045009C | |
| | Market | Charlotte | |
| | Sub Market | Southeast Charlotte | |
| | No. of Buildings | 1 | |
| | No.Tenants | 1 | |
| | No. Stories | 1 | |
| | Occupancy | 100 | |
| | Year Built | 2008 | |
| | Street Frontage | 265 x 265 | |
| | No. of Parking Spaces | 74 | |
| | Building Class | A | |
| | Zoning Type | Commercial | |
| | Shadow Anchored | Yes | |
| | Corner | Yes | |
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5975 Weddington Monroe Road Matthews, NC 28104
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Property Description
Absolute net 25 year lease with ten five-year options; rent commenced January 2008.
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Location Description
This Walgreens sits on a outparcel to the Shops at Wesley Chapel, a 125,000 SF grocery anchored (Lowes Foods) shopping center currently under construction. Immediately across the street is another newly constructed grocery anchored shopping center together with a new CVS drug store and a free-standing Target store currently under construction.
Wesley Chapel is a burgeoning suburb of Charlotte, located approximately 30 minutes southeast of downtown Charlotte. Residential growth in the surrounding area is extremely robust.
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