5230 South Blvd Charlotte, NC 28217

This exceptional mixed-use property, located at 5230 South Blvd in Charlotte, NC (zip code 28217), presents a compelling investment opportunity. The 20,755 square foot building boasts a 100% occupancy rate, generating a strong 4.50% cap rate. Priced at $3,999,000, this translates to a price per square foot of $192.68. The property's classification as mixed-use encompasses office and restaurant spaces, catering to a diverse tenant base. Its prime location in the Lower South End of Charlotte offers significant advantages. Situated near the intersection of Tyvola Road and South Boulevard, the property benefits from multiple points of access and high visibility, ensuring excellent exposure for tenants. The surrounding area is characterized by robust demographics and is experiencing considerable growth, with several high-profile mixed-use and multifamily developments nearby. This infill site presents a value-add opportunity with attractive upside potential for a savvy investor seeking a strong return in a thriving Charlotte market. Mecklenburg County's favorable business environment further enhances the property's long-term prospects. The property's current high occupancy rate underscores its desirability and the strength of its tenant base.