1863 E Dixon Blvd
Shelby, North Carolina 28152
$ 943,000
For Sale
Cap Rate: 7.00%
Size: 4,600 SF
Lot Size: 1.30 Acres
- Brand New 10-Year Lease with Classic Collision (310+ Locations)
- Healthy Annual Rent Increases to Hedge Against Inflation
- Site is Positioned on Highly Trafficked US-74 (40,500+ VPD)
- Minimal Landlord Responsibilities on a Long-Term Lease
- Within Close Proximity to Nearby Dealerships (Renaldo Honda, Kia, Discovery Nissan, Classic Ford Lincoln, Marburger Chrysler Dodge Jeep RAM), Regional Shopping Mall, National Retailers (McDonalds, Sunbelt Rentals, Hobby Lobby, Advance Auto Parts, Sherwin Williams, Harbor Freight), and Cleveland Community College
- A massive proposed development on ~1,000 acres of land along US-74, adding hundreds of townhomes, single family lots, and commercial and industrial sites, is moving forward (as of Feb 2024). The project, called Blanton Farm, would add 1,152 single family homes and up to 491 townhome units to the area.
