EquipmentShare - NNN Net Lease Property for Sale
Kannapolis, NC
Key Investment Metrics
Price
$3,600,000
Cap Rate
8.2%
Net Operating Income
$293,460
Building Size
14673 SF
Lot Size
29,280 SF
Land Area
1.36 Acres
Year Built
2015
Occupancy
100%
Tenancy
Single
Rent Increases
5% Every 5 in Firm Term, 10% Every 10 in First Six Options, Then Market Value
About This EquipmentShare Net Lease Property
This EquipmentShare NNN (triple net lease) property is located in Kannapolis, NC and represents an excellent investment opportunity for commercial real estate investors. The property features 14673 square feet of building space and was built in 2015.
With a cap rate of 8.2%, this EquipmentShare net lease property offers stable income potential. The asking price is $3,600,000, making it an attractive option for 1031 exchange investors seeking quality EquipmentShare commercial properties.
Why Invest in EquipmentShare NNN Properties?
- Stable Income: EquipmentShare net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: EquipmentShare is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Kannapolis, NC Market Overview
Located in Kannapolis, NC, this EquipmentShare property benefits from strong local demographics and market fundamentals. The Kannapolis area offers excellent visibility and accessibility, making it an ideal location for EquipmentShare operations and a solid investment for net lease property buyers.