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27036144
28024790

1431 South Blvd, Charlotte, NC 28203

MPV Properties
MN
NC 111045, SC 24139
MPV Properties
MPV Properties
Listed by MPV Properties
$11,900,000
50 days on market
Updated 50 days ago

South End Square

Details
Property Type Office, Retail
Sub Type Medical Office, Clothing Retail (+1)
Square Footage 22,854
Cap Rate 6.5%
NOI $773,170
Occupancy 100%
Tenancy Multi
Lease Type NNN
Rent Bumps Yes
Broker Co-Op Yes
Year Built 1956,1954 and 1967
Buildings 1
Stories 2
Acreage 0.837
Zoning Commercial

Multi-Tenant Invesment Opportunity | 6.41% CAP | Charlotte, NC

Marketing description

  • Generational real estate located within Charlotte’s most vibrant entertainment district, South End

  • Urban infill surrounded by prominent mixeduse and multifamily developments

  • Highly walkable to Charlotte’s LYNX light rail, vibrant dining and nightlife, boutique shops, and retail hubs

  • Synergistic blend of healthcare and retail tenants

  • 3 minute walk to the Bland Station on LYNX light rail

  • 1 mile to Charlotte city center

  • 29,424 annual average daily traffic on South Blvd (as of 2024)

  • Prime location in close proximity to South End attractions, Dilworth, and Uptown

  • Recent capital improvements include bexterior building paint and parking lot improvements

Investment highlights

  • Generational real estate located within Charlotte’s most vibrant entertainment district, South End

  • Urban infill surrounded by prominent mixeduse and multifamily developments

  • Highly walkable to Charlotte’s LYNX light rail, vibrant dining and nightlife, boutique shops, and retail hubs

  • Synergistic blend of healthcare and retail tenants

  • 3 minute walk to the Bland Station on LYNX light rail

  • 1 mile to Charlotte city center

  • 29,424 annual average daily traffic on South Blvd (as of 2024)

  • Prime location in close proximity to South End attractions, Dilworth, and Uptown

Listing Contacts

MPV Properties
MN
NC 111045, SC 24139
MPV Properties
MPV Properties
Listed by MPV Properties

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$773,170.00
$64,430.83/mo

Valuation Metrics

0
DSCR
6.5%
Cap Rate
6.5%
ROI

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Additional Information

Name
Ferris Edwards
License
308212
Brokerage
MPV Properties
Brokerage Phone
7043675022
Title
Investment Sales Associate
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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