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For Sale

University Place Shops

8926 J M Keynes Drive,
Charlotte, NC 28262

Asset Snapshot

2015
Year Built
1
Floor Count
100%
Occupancy

Offering Summary

Investment Overview

Trinity Partners, on behalf of the Owner, is pleased to serve as the exclusive advisor for the sale of University Place Shops in Charlotte, NC, a ±4,998 square foot freestanding retail property leased to Noodles & Company and Mezeh on a triple-net basis with an average of over eight years of remaining lease term. *TO RECEIVE A FULL OFFERING MEMORANDUM, PLEASE COMPLETE THE CONFIDENTIALITY AGREEMENT UNDER DOCUMENTS TAB AND RETURN TO MARK ALVIANO AT MALVIANO@TRINITY-PARTNERS.COM


Investment Highlights

  • Net Operating Income: $220,075
  • Size: 4,998 SF
  • Occupancy: 100%
  • Tenants: Noodles & Company, Mezeh Mediterranean Grill
  • Weighted Avg. Lease Term: +8.25 years
  • Rent Growth: 10% every 5 years
  • Expense Recovery: NNN (Landlord roof and structure)

How it Works

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Listing Syndicated From

Buildout
For Sale
$3,438,700
Asking Price