Listed by Berkeley Capital Advisors Charlotte
Unpriced
Archdale Station
Details
APN 17302105
Property Type Retail
Sub Type Shopping Center, Grocery Store
Square Footage 48,919
Occupancy 100%
Tenancy Multi
Pro-Forma NOI $608,719
Year Built 1967
Buildings 1
Acreage 4.530
Zoning TOD-CC
Investment Type Stabilized
Ground Lease No
Retail | 48,919 SqFt
Marketing description
Berkeley Capital Advisors is pleased to exclusively present Archdale Station, a 48,919 SF ethnic grocery anchored center located on South Boulevard (29K VPD) in Charlotte, NC.
Archdale Station presents investors with the unique opportunity to acquire a stabilized, cash flowing asset, with average rents of $12.66/SF, and the necessary zoning to one day develop the site into transit adjacent multifamily. The asset sits next to the Archdale Light Rail Station of the Lynx Blue Line (490K monthly riders). As Southend and South Blvd continue to see unprecedented growth Archdale Station is poised to benefit from the continued movement south from Uptown Charlotte. With LL termination rights on all tenants there is virtually an immediate opportunity for redevelopment.
Investment highlights
- Archdale Station is strategically positioned on South Boulevard (29,000 VPD), one of Charlotte's busiest commercial corridors and a primary route linking the southern suburbs to Uptown Charlotte. The property is adjacent to the LYNX Blue Line, which serves over 23,000 daily passenger trips, providing strong transit connectivity for a neighborhood retail center. This combination of heavy vehicular traffic and light rail access supports steady tenant performance and consumer flow.
- The property's TOD-CC (Transit Oriented Development - Community Center) zoning permits dense, mixed-use development by right. Residential, retail, office, and hospitality without the need for a discretionary rezoning, offering a buyer significant entitlement certainty along the South Blvd transit corridor. With transit-supportive minimum densities, building heights reaching approximately 120 ft through the City's development bonus program, and no minimum parking requirements, the site presents a rare opportunity to maximize density and optimize project economics directly adjacent to LYNX Blue Line access.
- Archdale Station sits on South Boulevard between South End and SouthPark, two of Charlotte's fastest growing and most affluent submarkets, boasting average household incomes above $100,000. The property benefits directly from this expanding population with roughly 2,100 multifamily units delivered within a 2-mile radius of the site since 2020 and with 314 currently under construction.
- The property is surrounded by a dense population, with over 96,371 residents within a 3-mile radius and 220,629 residents within 5 miles. Average household income reaches $134,132 within 3 miles and $160,770 within 5 miles, supporting strong consumer spending power. Charlotte remains one of the fastest-growing metros in the Southeast, with sustained population growth driven by banking, technology, and healthcare employment sectors, reinforcing the long-term viability of the asset.
- Archdale Station is easily accessible from South Blvd (29,000 VPD) with access points at both ends of the shopping center. Additionally the property features excellent visibility with primary signage along South Blvd.
- The retail corridor that Archdale Station sits along continues to see growth and ride a wave of momentum including a newly announced grocery center redevelopment on South Blvd. Northwood Ravin recently filed plans with the city to redevelop a 4.5 acre site to include three new retail buildings and a separate grocery development.
Listing Contacts
Listed by Berkeley Capital Advisors Charlotte
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Zoning
TOD-CC SpecialTransit Oriented Development Community Center Zoning District
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View all 172 uses Last updated May 15, 2026 For deeper zoning details, reports are available at Zoneomics
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