8641 South Blvd Charlotte, NC 28273

This exceptional retail investment opportunity presents a fee-simple ownership of a 5,441 square foot, Class A retail center in Charlotte, NC. Anchored by a high-performing 7-Eleven franchisee with a corporate guarantee, the property boasts 100% occupancy with two tenants: 7-Eleven and Kure Vapor. Built in 2015, the property sits on a 0.98-acre lot and features a strong net operating income (NOI) of $248,599, translating to a 7.20% cap rate. The investment benefits from a multi-tenant structure with a 4 x 5-year lease option and attractive lease fundamentals, including a 10% rent bump every five years, starting in 2025. The property's prime location at the lighted intersection of Sharon Rd W and South Blvd, across from a light rail stop and near significant residential and industrial development, ensures consistent high traffic and strong tenant demand. The current lease with Kure Vapor offers a re-leasing upside potential for the next owner, given its minimal remaining term and the possibility of leasing the space at market rates (estimated in the upper $20s per square foot). This offering presents a compelling opportunity to acquire a well-positioned, high-performing retail asset in a rapidly growing market. The property's strong tenant mix, favorable lease terms, and strategic location combine to create a robust and stable investment with significant long-term growth potential. The Charlotte MSA's robust population and job growth projections further enhance the investment's appeal.