Charlotte, NC Retail Property For Sale

- Strong customer demographics

- Average daily traffic counts of 48,500 on Rea Road

- Two buildings containing a total of seven tenants,

many of which have been long-standing tenants

Redevelopment or use building as is

Price: $690,000

Owner user/investment

Ideal for multi-family housing or mixed use development

± 10 acres zoned B-2

± 14,092 SF service garage 1

± 19,270 SF dealership showroom

± 9,264 SF service garage 2

± 2,000 SF service garage 3

Parcel ID #17304204

± 0.8 miles from Archdale Light Rail Station

7 miles from CBD & convenient access to I-77

Blanq Real Estate presents this +/- 19,220 SF Retail Investment and Future Redevelopment Opportunity with infinite potential.

The property is currently 100% leased with long-term tenants and two tenants who have been leasing over 10 years. Current leases range from month-to-month to 18 months.

The building is in excellent condition with energy-saving LED lighting throughout. All spaces recently painted and outside porches and railings have been upgraded within the last 18 months.

Approximate 42,970 total s/f consisting of 29,520 s/f classroom/office space and 13,450 warehouse/storage space.

The parcel(zoned B-2)will be subdivided to approximately 3.5 acres and will include 226 parking spaces.

Prominent visibility on Independence Boulevard

Premier location in the heart of Midtown. An ideal site for redevelopment OR use the adorable, well-maintained building for office, retail, or residential purposes. Zoned O-2 and in the PED overlay which allows for higher density and a wide range of uses. Walk to Sugar Creek Greenway or bike to uptown, SouthEnd, Dilworth, and Myers Park within minutes. PLEASE DO NOT DISTURB TENANTS.

Main building is 2 stories (+/- 3200 SF) and upper floor has a salon tenant. There is a garage (+/-1200 SF) behind with a "garage bay" office (720 SF). The home is a tear down. Do not disturb tenant.

• Acres: 1.137 +/-

• Zoning: I-2

• Tax Parcel: 083-023-04

• Building: 6,900 S.F. +/- Built 1954 Needs Renovation

• Access: In NoDa area with great N. Tyron Street

exposures over 2,100 cars per day, 1.4 miles to I-277

• .610 Acres

• 3,153 SF

• 3 Drive Thru's

• Zone B1

• Parking 16 spaces 5.07/1,000 sf

• Traffic Counts 33,246 per day

• +/- 19,200 SF Available (existing building).

Can be leased, redeveloped, or demolished

for new construction.

• Direct access to Independence Blvd

& MoRA Point

• Parcel will have a panel on four pylon

signs as shown on 2nd page aerial

• B-2 Zoning

• 1.158 Acres

• Join Aldi, Starbucks, Verizon Wireless,

Supercuts, Mi Barrio Halal Latin Grill,

Iora Health, and the ABC Store at newly

constructed MoRA Point

• One of the most accessible intersections

in Charlotte with excellent visibility and full

movement access to Monroe, Idlewild,

Independence and Long Ave.

• Please call for pricing

• New retail development in University City at

University Research Park, one of the nations largest research park with 2,200 acres and 10 million sf of office space

• New Centene Corporation campus under construction bringing $1 Billion in new investment and 6,000 jobs

• Surrounded by numerous multi-family developments in the area providing access to a consistently growing customer base

• Located at the signalized intersection of West Mallard Creek Church Rd and Senator Royal Dr

• ±1.65 acre outparcel for sale, ground lease, or build-to-suit

• Building is 3,573 SF on 2.088 acres

• 3 drive-thrus and 1 ATM drive-thru

• Built in 1997

• No deed restriction on bank users

• Ingress and egress on Westinghouse Blvd.

and S. Tryon St.

• Currently zoned I-1

• Tax Parcel ID 20112441

• Units can be purchased separately

or together

Unit B1 825 SF

Unit B2 828 SF

Combined 1,653 SF

• 2 blocks away from the East/West

Station (Charlotte Rail Trail)

• Minutes from downtown Charlotte

• Annual population growth is projected

to be 2.65% (2021-2026) within a 1-mile

radius of the property.

• Prime Redevelopment Opportunity

• Hard corner on N Tryon St and E Craighead Rd

• +/-150 ft of frontage on N Tryon St

• +/-230 ft of frontage on E Craighead Rd

• +/-0.5 mile to Lynx Sugar Creek Station

• +/-0.7 mile to Lynx 36th Street Station

• Est. 26,000 VPD N. Tryon St

• +/-2 miles from Uptown CLT; adjacent to XCLT Trail

• Parcel IDs: 09108101 and 09108102