$10,000,000
Active 2004
Built
+/- 36,691 SF neighborhood shopping center presents a stable retail investment opportunity in a high-growth Charlotte market. Anchored by Northern Tool + Equipment, which occupies approximately 69% of the GLA, has operated at the property for 20+ years. The asset benefits from long-term tenant stability with lease expirations extended through 2029–2035. Structured with NNN leases and an improved rent profile, the property delivers a clean, durable NOI, supported by service-oriented tenants in a highly trafficked corridor near I-77 and Northlake Mall.
+/- 36,691 SF neighborhood shopping center presents a stable retail investment opportunity in a high-growth Charlotte market. Anchored by Northern Tool + Equipment, which occupies approximately 69% of the GLA, has operated at the property for 20+ years. The asset benefits from long-term tenant stability with lease expirations extended through 2029–2035. Structured with NNN leases and an improved rent profile, the property delivers a clean, durable NOI, supported by service-oriented tenants in a highly trafficked corridor near I-77 and Northlake Mall.
LISTING SNAPSHOT
Price$10,000,000
Bedrooms0
Full Baths0
Half Baths0
Inside Area (SqFt)N/A
Lot Size3.97 Acres
Year Built2004
MLS® NumberN/A
StatusActive
Property TaxN/A
HOA/Condo/Coop FeesN/A
Listing courtesy of COMPASS (bostonreid@me.com)
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