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26950856
26950946

5105 Reagan Drive, Charlotte, NC 28206 For Sale

AH
NC 318643
Coldwell Banker Commercial Realty
Coldwell Banker Commercial Realty
Listed by Coldwell Banker Commercial Realty
$2,850,000
308 days on market
Updated 41 days ago
Opportunity zone

5105 Reagan Dr

Details
APN 08707301
Property Type Retail
Sub Type Shopping Center
Square Footage 10,085
Units 6
Cap Rate 7.92%
NOI $225,695
Tenancy Vacant
Lease Type NN
Year Built 1994
Year Renovated 2022
Acreage 1.000
Zoning CG
Ground Lease No

85 Oasis

Marketing description

This offering presents a rare opportunity to acquire a fully stabilized, income-producing multi-tenant retail building at 5105 Reagan Dr, Charlotte, NC — strategically positioned between Interstate 85 and Uptown Charlotte in one of the region's most active and retail-dense corridors. The property benefits from outstanding regional connectivity, strong consumer traffic, and a submarket defined by consistent occupier demand and limited quality supply.

The 10,085 SF building is 100% leased and generating over $220,000 in annual Net Operating Income, providing an investor with immediate, reliable cash flow from day one. A recent renovation and complete replacement of all HVAC units across the property have substantially reduced near-term capital expenditure requirements — a meaningful risk mitigant for any acquisition underwriting.

The property's versatile multi-tenant floor plan is purpose-built for broad appeal, accommodating a range of retail, service, and flex uses. Complemented by a gated, secured lot and ample on-site parking, the asset is well-positioned to sustain strong occupancy and attract quality tenants over the long term.

Investment highlights

  • Fully leased at 100% occupancy — immediate, in-place cash flow with NOI exceeding $220,000 annually
  • Recently renovated building with all-new HVAC units — minimal near-term CapEx risk for incoming owner
  • Versatile multi-tenant layout adaptable to retail, service, medical, or flex uses — broad re-leasing appeal
  • Gated and secured lot with ample on-site parking — tenant and customer convenience built in
  • Prime Reagan Dr location between I-85 and Uptown Charlotte in a high-traffic, retail-dense submarket
  • Ideal acquisition for a 1031 exchange buyer, private investor, or portfolio operator seeking stabilized returns
  • Parcel ID 08707301

Listing Contacts

AH
NC 318643
Coldwell Banker Commercial Realty
Coldwell Banker Commercial Realty
Listed by Coldwell Banker Commercial Realty

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$225,695.00
$18,807.92/mo

Valuation Metrics

0
DSCR
7.92%
Cap Rate
7.92%
ROI

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Additional Information

Name
Azeem Hassan
License
318643
Brokerage
Coldwell Banker
Brokerage Phone
(704) 541-5111
Title
Commercial Real Estate Broker
Brokerage Address
3440 Toringdon Way
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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