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23000042
23000053

2604 N. Brevard St, Charlotte, NC 28205

AT
NC 339209
Legacy Real Estate Advisors
Legacy Real Estate Advisors
Listed by Legacy Real Estate Advisors
$1,075,000
412 days on market
Updated 27 days ago

2604 N. Brevard St & 401 Charles Ave

Details
APN 08306803
Property Type Retail, Office
Sub Type Executive Office, Studio
Cap Rate 7.38%
NOI $92,190
Tenancy Multi
Lease Type NNN
Remaining Term 1
Acreage 0.240
Zoning TOD-UC
Ground Lease No

High visibility retail/office/redevelopment property for sale in NoDa

Marketing description

This premier commercial property, located in the heart of Charlotte's NoDa district, comprises two distinct buildings at 2604 North Brevard and 401 Charles Avenue. Positioned for maximum visibility along the light rail, North Brevard, and the greenway, it is surrounded by high-density apartment communities, ensuring sustained foot traffic and exposure. With its prime location and surroundings, this property presents a valuable opportunity for long-term growth and development.

NoDa is the heart of Charlotte’s vibrant art scene and features numerous restaurants, boutique retailers and music venues. Continued institutional investment and light-rail connectivity has only strengthened this character and expanded NoDa’s influence to the surrounding areas, especially Sugar Creek residents.

The Sugar Creek District is Charlotte’s next development hub, featuring adaptive reuse projects such as The Pass, and multiple large-scale development opportunities, including the 18.5 Acre Upper NoDa site immediately adjacent. Prominent local retailers including Soul Gastrolounge, the Charlotte Art League and The Independent Picture House already call this neighborhood home, with more announcements on the way

Charlotte’s North Tryon corridor is an example of how private investment follows public inf rastructure improvements. The City of Charlotte has identif ied North Tryon as a major growth opportunity and one of the primary arteries into the City. Numerous multi-family and adaptive reuse projects continue to make this an exciting area attracting international institutional investment.

Listing Contacts

AT
NC 339209
Legacy Real Estate Advisors
Legacy Real Estate Advisors
Listed by Legacy Real Estate Advisors

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$92,190.00
$7,682.50/mo

Valuation Metrics

0
DSCR
8.58%
Cap Rate
8.58%
ROI

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Additional Information

Name
Amy Tucker
License
339209
Brokerage
Amy Tucker
Brokerage Phone
8433299639
Title
Broker
Brokerage Address
1418 Cortland Road West
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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