13835 S Lakes Dr - Flex FOR SALE


Charlotte, NC 28273- Yorkshire
$3,100,000 USD
980-498-3293
13835 S Lakes Dr, Charlotte, NC for Sale
$3,100,000 USD
Flex - FOR SALE
1/5
null | 6.29% Cap Rate

13835 S Lakes Dr
Charlotte, NC 28273
Yorkshire


HIGHLIGHTS

  • SUPPLY-CONSTRAINED SOUTHWEST CHARLOTTE LOCATION
  • ESTABLISHED LOCAL OPERATOR
  • HIGH-TRAFFIC LOCATION | CAROWINDS PROXIMITY

OVERVIEW

HIGH-TRAFFIC LOCATION | CAROWINDS PROXIMITY - Located near NC-49 (39,000 VPD) and Carowinds Boulevard (15,500 VPD), the property benefits from strong visibility and proximity to Carowinds, which attracts more than 1.5 million annual visitors. STRONG DEMOGRAPHICS | AFFLUENT TRADE AREA - More than 160,000 residents with an average household income of $139,772 live within five miles, while the three-mile trade area includes 59,362 residents with an AHHI of $137,178. SUPPLY-CONSTRAINED SOUTHWEST CHARLOTTE LOCATION - The property occupies an established Steele Creek retail corridor benefiting from sustained population growth, rising incomes, limited retail supply, and direct access to I-485 and I-77 (167,000 VPD). CORPORATE GUARANTY | ESTABLISHED LOCAL OPERATOR - Lucky Dog Bark & Brew corporately guarantees the lease, backed by over a decade of operating history and three established Charlotte-area locations with a loyal recurring customer base. HIGH-GROWTH STEELE CREEK SUBMARKET - The property is positioned in Steele Creek, one of Charlotte's fastest-growing submarkets, near Charlotte Premium Outlets (398,000 SF, 100+ stores) and TopGolf, supporting strong regional consumer traffic. 10-YEAR NNN LEASE | 2% ANNUAL ESCALATIONS - The property is leased under a 10-year NNN lease commencing November 2022, providing passive income with limited landlord responsibilities and 2% annual rent escalations.

FOR SALE DETAILS

PRICE

$3,100,000 USD

PRICE/SF

$244 USD /SF

CAP RATE

6.29%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lucky Dog - Bark and Brew

PROPERTY TYPE

Flex

ADD'L SUBTYPES

Storefront, Veterinarian/Kennel, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

67

LAND DETAILS

LAND ACRES

3.5

LAND SF

152,460

ZONING

I1

APN/PARCEL ID

203-211-10

ASK ABOUT THIS PROPERTY

David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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David HoppeAtlantic Capital PartnersMore Info
980-498-3293

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.