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19651515
19651514

8940 S Tryon St, Charlotte, NC 28273

Saint Louis Properties Carolinas, LLC
BM
NC NC 308045
Listed by Saint Louis Properties Carolinas, LLC
Unpriced
661 days on market
Updated 94 days ago

INVESTMENT OPPORTUNITY -Eurofed Automotive

Details
Property Type Retail
Sub Type Auto Shop
Occupancy 100%
Brand/Tenant Eurofed Automotive
Lease Type NNN
Lease Term 11
Lease Expiration 06/04/2035
Remaining Term 9
Rent Bumps Yes
Year Renovated 2024
Parking Spaces 45 spaces
Investment Type Net Lease
Lease Commencement 06/03/2024
Sale Condition 1031 exchange

Retail

Marketing description

Saint Louis Properties of the Carolinas is excited to present Eurofed

Automotive in Charlotte, North Carolina. This fully leased, stable asset offers

a rare opportunity for investors to acquire a well-constructed single-tenant

retail automotive center. The property, located at 8940 South Tryon Street,

Charlotte, North Carolina, is a 4,685 square foot inline center on Tryon St,

housing retail such as Dunkin Donuts and QuikTrip, among others. Eurofed

Automotive is considered a low-risk, high-reward investment, featuring a

long-term tenant and having undergone a significant renovation in 2024.

Eurofed Automotive is an auto repair center that offers high-quality auto

repair services and maintenance for European cars, including Mercedes

Benz, Porsche, Audi, and BMW, among others. The company has three

locations in the Charlotte Region and over 20 locations throughout the

United States.

Investment highlights

Renovated in 2024, the property has an 11-year lease with a corporate guaranty and no landlord responsibilities.

■ Located on Tryon St, a major thoroughfare and premier location in the Steele Creek submarket.

■ Retail Investment in Charlotte, North Carolina. One of the fastest-growing cities in North Carolina.

■ High volume retail area serving a large population of neighboring communities for the Steele

Creek Neighborhood .

■ Irreplaceable location in the region's primary commercial corridor.

■ Excellent access, frontage and visibility

Listing Contacts

Saint Louis Properties Carolinas, LLC
BM
NC NC 308045
Listed by Saint Louis Properties Carolinas, LLC

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Additional Information

Name
Roosevelt Saint Louis
License
NC 278074
Brokerage Address
128 North McDowell Street
Name
Brooklyn Mitchell
License
NC 308045
Brokerage
Saint Louis Properties of The Carolinas
Title
Senior Advisor
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