Queen City Commercial LLC
Listed by Queen City Commercial LLC
$6,200,000
20,000 SF Pineville Charlotte Strip Center For Sale 7.17 Cap
Details
APN 22151209
Property Type Retail
Sub Type Shopping Center
Square Footage 20,160
Cap Rate 7.17%
NOI $444,640
Tenancy Multi
Lease Type NNN
Class A
Year Built 2001
Buildings 1
Stories 1
Acreage 1.320
Zoning B4
Parking Spaces 70 spaces
Parking Per SqFt 3.47
Investment Type Stabilized
Ground Lease No
Retail | 6.50% CAP | 20,160 SqFt
Marketing description
Price and cap rate improvement to $6.2 million at a 7.17% cap. This fully leased prime Pineville Charlotte retail investment property offers a quality tenant mix (Mattress Firm, Cozy Kids, Brunswick Physical Therapy and Plaza Appliance Mart) with future upside in well maintained building. Excellent corner lot location at intersection of Park Road and Carolina Place Parkway. Building constructed in 2001 and monument/marquee signage available. Roof has been replaced per owner. Contact me with any questions at [email protected] 704.503.9608 or to set up a viewing appointment.
Listing Contacts
Queen City Commercial LLC
Listed by Queen City Commercial LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$444,640.00
$37,053.33/mo
Valuation Metrics
0
DSCR
7.17%
Cap Rate
7.17%
ROI
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