www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
7991455
7991440

721 W Sugar Creek Rd, Charlotte, NC 28213

JN
NC NC 298466, SC SC 101752
Trulantic kw Commercial
Listed by Trulantic kw Commercial
$4,250,000
1393 days on market
Updated 14 days ago
Opportunity zone

10,000 SF Medical Building w/ 3.11 Acres in Prime Location

Details
APN 087-057-48
Property Type Office
Sub Type Medical Office
Square Footage 10,000
Net Rentable (SqFt) 10,000
Units 2
Occupancy 100%
Tenancy Multi
Lease Type NNN
Lease Term 8.1
Lease Expiration 04/30/2032
Remaining Term 5.8
Rent Bumps Yes
Price per SqFt $425
Class B
Year Built 2005
Buildings 1
Stories 1
Acreage 3.110
Zoning INSTCD
Parking Spaces 50 spaces
Parking Per SqFt 5.00
Investment Type Value Add
Lease Commencement 04/01/2024
Occupancy Date 04/01/2024
Ground Lease No

Ideal for owner-users with large acreage for future development

Marketing description

This impressive medical building, located at 721 W. Sugar Creek Road in Charlotte, NC, offers a prime investment opportunity. With a total size of 10,000 square feet, the property boasts a all brick exterior and excellent road frontage, making it an attractive option for both investors and tenants alike.

Currently, the building is fully rented with three tenants, each operating under a Triple Net (NNN) lease structure. This lease arrangement places responsibility for property taxes, insurance, and maintenance costs squarely on the tenants, providing stable and predictable income for the owner.

The property's strategic location in Charlotte, NC, offers easy access to major transportation routes, including highways and public transit, making it convenient for both patients and healthcare professionals. Situated in a bustling commercial area, the building benefits from high visibility and strong daily traffic count, enhancing its appeal to potential tenants and investors.

Whether you're looking to expand your investment portfolio or seeking a lucrative income-generating property, this fully rented medical building presents a rare opportunity in the Charlotte real estate market. Don't miss your chance to own a prime piece of commercial real estate in one of the fastest-growing cities in the Southeast.

Adjacent property at 723 W. Sugar Creek Road, Charlotte, NC is also available for sale. 0.84 acre with a small 1,000 square feet property, zoned O1 for office. Asking price $625,000.

Investment highlights

Fantastic location in a growing Charlotte market. Such a great opportunity for a developer to combine the both parcels (721 W. Sugar Creek with 3.11 acres and 723 W. Sugar Creek with 0.84 acre).

Listing Contacts

JN
NC NC 298466, SC SC 101752
Trulantic kw Commercial
Listed by Trulantic kw Commercial

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Zoning

Intelligence Badge
UR-2(CD)/SPA ResidentialMulti FamilyUrban Residential 2 Conditional Zoning Spa District
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 76 uses
View all 76 uses
Last updated May 15, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Joe Nguyen
License
NC 298466
Brokerage
Trulantic kw Commercial
Brokerage Phone
9802426596
Title
Principal Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591