7725 Regency Park DrHuntersville, NC 28078

Property Details for 7725 Regency Park Dr

Year built

2005

Lot size

1.09 AC

Property size (Sq ft)

9,226 SF

Zone code

HC(CD)

Property type

Retail space

APN

916201

APU

916201

Description

Regency Village offers a unique opportunity to lease a substantial retail space in the heart of Mecklenburg County. This single-tenant, commercial property boasts a total of 69,390 square feet, with 6,000 square feet currently available for lease. The property is categorized as retail, offering significant potential for a variety of businesses. The building sits on a 0.14-acre lot, providing ample space for customer parking and potential outdoor displays. The property's multiple tenancy designation suggests a flexible layout adaptable to various business needs. The substantial size of the available space (6,000 square feet) presents a rare opportunity for businesses requiring significant floor area. This location in Mecklenburg County offers excellent visibility and accessibility, making it an ideal choice for businesses seeking high foot traffic and convenient access for customers. The property's existing infrastructure and layout provide a solid foundation for immediate occupancy, minimizing upfront investment and allowing for a quick start to operations. Interested parties are encouraged to inquire about lease terms and conditions to explore the possibilities this exceptional retail space offers. The property's size and location make it a highly desirable asset in a thriving commercial area. This is a chance to establish a strong presence in a dynamic market.

• CAP approach

  CAP return

  Valuation

  6%

  $3,269,524

  6.5%

  $3,018,022

  7%

  $2,802,450

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,937,074

  Geo Method

  $3,937,074

• Alternative Use

  Use

  Valuation

  Residential

  $2,545,815

  Hospitality

  $2,331,953

  Educational

  $1,940,157

  Medical

  $2,006,882

  Retail

  $3,018,022

Location Insight

City

Huntersville

County

Mecklenburg

State

North Carolina

Latitude

35.4442

Longitude

-80.8953

CBSA code

16740

CBSA name

CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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