8641 South BlvdCharlotte, NC 28273
Charlotte, NC: High-Yield NNN Investment
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 117
Highlights
- Attractive Net Lease Structure: NNN leases minimize landlord responsibilities.
- Significant Rent Increase: 7-Eleven's 10% rent increase in 2025 boosts annual returns.
- Strong Credit Tenant: 7-Eleven anchors the center.
- Exceptional Location: Situated at a high-traffic intersection (Sharon Rd W & South Blvd) with excellent visibility and proximity to the Sharon Rd West Light Rail station (over 13M annual riders).
- Dense Population & Employment: Over 3,800 apartment units and 2.7M SF of industrial space within a 1-mile radius, plus proximity to a major employer (Campbell Snacks).
- Significant Re-Leasing Potential: Kure Vapor's lease expiration offers substantial upside potential for rent increases.
Property Details for 8641 South Blvd
- Property type
- Retail properties, Retail space
- Square Feet
- 5,441 SF
- Class
- A
- Year Built
- 2015
- Lot Size (sq. ft)
- 42,689 SF
- Units
- 2
Location Insight
- City
- Charlotte
- County
- Mecklenburg
- State
- North Carolina
- Latitude
- 35.119616458799
- Longitude
- -80.880835495776
Nearby Similar for Sale
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