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16618 Old Statesville Rd, Huntersville, NC, 28078

Christian Brothers Automotive
$2,931,000

Key Information

Cap Rate
6.25%
Tot. SF
5,000
Year Built
2014
Term Remaining
±8 Yrs
Type
Retail

Highlights

  • Proven Stability – Christian Brothers Automotive has never closed a location since its founding, underscoring its strong business model and consistent demand.
  • Top National Performer – This Christian Brothers Automotive ranks as the 4th most trafficked location in the United States according to Placer.ai, demonstrating exceptional customer draw and brand strength.
  • Absolute NNN Lease – Zero landlord responsibilities with all expenses, maintenance, taxes, and insurance covered by the tenant, creating a truly passive, long-term income stream.
  • Strong Lease Term – Approximately 8 years remaining on the primary lease term, backed by a corporate guarantee, providing stable and predictable cash flow.
  • Modern Construction – Constructed in 2014, the ±5,000 SF facility sits on ±1.32 acres and features modern design specifications, minimizing near-term capital expenditure exposure.
  • Strategic Retail Location – Highly visible positioning at the intersection of Sam Furr Rd & Old Statesville Rd, benefitting from a combined traffic count of ±49,000 vehicles per day and strong regional connectivity.
  • Premium Demographic Profile – Located within a dense, affluent trade area of ±114,496 residents within a ±5-mile radius, with average household incomes exceeding $188,588, supporting tenant performance and long-term demand.
  • Charlotte MSA Growth – Situated in Huntersville, NC, within the Charlotte metropolitan area, one of the fastest-growing regions in the U.S., driven by strong population in-migration, employment expansion, and rising household wealth.
  • Corporate Guarantee – Backed by Christian Brothers Automotive Corporation, a leading national operator with ±315 locations and an exceptional track record.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # C38369 (NC)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203