7205 Tryon StCharlotte, NC 28262

Property Details for 7205 Tryon St

Year built

2015

Lot size

8.38 AC

Property size (Sq ft)

416,099 SF

Zone code

TOD-CC

Property type

Retail properties

Property subtype

Parking lots & garages

APN

4723111

APU

4723111

Description

This exceptional 11,495 square foot commercial property, built in 2018, offers multiple tenancy options in a prime University City location at 7205 N. Tryon Street, Charlotte, NC 28262. Situated near the University City Boulevard Station and boasting excellent visibility from University City Blvd, this space provides unparalleled access to commuters and motorists. The building features a mix of retail and office space, with a minimum divisible space of 1,696 square feet and a maximum contiguous space of 2,472 square feet currently available. A total of 4,168 square feet is currently vacant, presenting a unique opportunity for businesses seeking high-traffic exposure. The property is categorized as traditional office space within a larger commercial development in Mecklenburg County. While retail is the primary intended use, the space is adaptable to accommodate office needs. This modern building offers a strategic location for businesses seeking to capitalize on the high volume of foot and vehicle traffic in this vibrant area. The property's convenient access to public transportation further enhances its appeal. Contact us today to learn more about this exciting opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $147,457,824

  6.5%

  $136,114,912

  7%

  $126,392,416

• Comparable approach

  Method

  Valuation

  Relative Method

  $177,564,752

  Geo Method

  $177,564,752

• Alternative Use

  Use

  Valuation

  Residential

  $114,818,016

  Hospitality

  $105,172,688

  Educational

  $87,502,440

  Medical

  $90,511,784

  Retail

  $136,114,912

Location Insight

City

Charlotte

County

Mecklenburg

State

North Carolina

Latitude

35.2879

Longitude

-80.7625

CBSA code

16740

CBSA name

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

Property Tax & Assessments

FAQs

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