FORMULA 1 RACE SHOP SALE - WordPress.com · 33,690 Sq. Ft. “FORMULA 1” Race Shop located on ......

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Norman Walters 704-608-0212 [email protected] 6420 A-1 Rea Rd, PNB 320, Charlotte, North Carolina 28277 www.walterscommercial.com F F ORMULA ORMULA 1 R 1 R ACE ACE S S HOP HOP FOR FOR S S ALE ALE Twin Lakes Business Park 9900 Twin Lakes Parkway Charlotte, North Carolina 28269 33,690 Sq. Ft. “FORMULA 1” Race Shop located on approximately 4.43 acres. The building was constructed in 1994 and is in immaculate condition. New tenant is completely renovating the space to Formula 1 standards. 100% air-conditioned and heated and epoxy floors. New EPDM membrane roof, gutters, and downspouts installed April 2007. Leased through June 2014. For sale at $3,150,000. (9.1% cap rate). Investment Property

Transcript of FORMULA 1 RACE SHOP SALE - WordPress.com · 33,690 Sq. Ft. “FORMULA 1” Race Shop located on ......

Page 1: FORMULA 1 RACE SHOP SALE - WordPress.com · 33,690 Sq. Ft. “FORMULA 1” Race Shop located on ... Home to Robby Gordon Motorsports, BAM Racing and Team US F1. All information furnished

Norman Walters 704-608-0212 [email protected] 6420 A-1 Rea Rd, PNB 320, Charlotte, North Carolina 28277 www.walterscommercial.com

FFORMULAORMULA 1 R1 RACEACE SSHOPHOP FORFOR SSALEALE Twin Lakes Business Park 9900 Twin Lakes Parkway

Charlotte, North Carolina 28269

33,690 Sq. Ft. “FORMULA 1” Race Shop located on approximately 4.43 acres.

The building was constructed in 1994 and is in immaculate

condition. New tenant is completely renovating the space to Formula 1

standards. 100% air-conditioned and heated and epoxy floors. New EPDM membrane roof, gutters, and downspouts installed

April 2007. Leased through June 2014. For sale at $3,150,000. (9.1% cap rate).

Investment Property

Page 2: FORMULA 1 RACE SHOP SALE - WordPress.com · 33,690 Sq. Ft. “FORMULA 1” Race Shop located on ... Home to Robby Gordon Motorsports, BAM Racing and Team US F1. All information furnished

Site Characteristics 4.431 acre lot zoned “BP” (Business Park).

55 parking spaces.

Three electrical hook-ups for motor homes in rear parking lot.

Fenced lot with electronic access control.

One dock-high door and three drive-in doors.

Page 3: FORMULA 1 RACE SHOP SALE - WordPress.com · 33,690 Sq. Ft. “FORMULA 1” Race Shop located on ... Home to Robby Gordon Motorsports, BAM Racing and Team US F1. All information furnished

Twin Lakes Business Park 500-acre master planned business park with protective covenants.

Interstate 485 passes through the center of the Park with an interchange at the Park entrance on Highway 115. (I-77 Exit 19A).

$100 million mixed use development planned adjacent to the Park with planned commuter rail station.

Over 2 million square feet of office and industrial space in the Park.

Home to Robby Gordon Motorsports, BAM Racing and Team US F1.

Page 4: FORMULA 1 RACE SHOP SALE - WordPress.com · 33,690 Sq. Ft. “FORMULA 1” Race Shop located on ... Home to Robby Gordon Motorsports, BAM Racing and Team US F1. All information furnished

All information furnished regarding property available is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental, or other conditions, prior sale or lease, or withdrawal without notice.

*Transit Oriented Development