2211 W Arbors Dr - Retail FOR SALE


Charlotte, NC 28262- Mallard Creek-Withrow Downs
$3,759,000 USD
980-498-3293
2211 W Arbors Dr, Charlotte, NC for Sale
$3,759,000 USD
Retail - FOR SALE
1/4
null | 5.2% Cap Rate

2211 W Arbors Dr
Charlotte, NC 28262
Mallard Creek-Withrow Downs


HIGHLIGHTS

  • NEARBY AFFLUENT DEMOGRAPHICS & UNC CHARLOTTE
  • LARGEST DENTAL ORGANIZATION GUARANTY
  • RECENT RENOVATION IN A HIGH TRAFFICKED CORRIDOR

OVERVIEW

ABS. NNN LEASE STRUCTURE - One of the first Abs. NNN Heartland Dental lease formats - Zero landlord Responsibilities - 12 Year lease with four (4) five (5) year extensions - 10% Rental Increases every 5 years and in extensions LARGEST DENTAL ORGANIZATION GUARANTY - Heartland Dental is the largest dental support organization in the United States - Over 1,800 Locations - 2024 Total Revenue was over $3B NEARBY AFFLUENT DEMOGRAPHICS & UNC CHARLOTTE - AHHI exceeds 140K in a 1-mile radius - Just under 3 miles from the site is the University of North Carolina at Charlotte - This university has over 31,000 students enrolled and employs more than 3,700 people, making it the largest university in the UNC system - UNC Charlotte is one of the largest employers in the Charlotte area UNIVERSITY CITY RESEARCH PARK - Site is positioned in the 3.4M SF research park - Inside this area are major employers such as the IRS, Concentrix, Allied Universal Security Services, United Rentals, Flexential Data Center, Valspar, and more - This site also benefits from nearby orthodontists and other medical centers adding an ancillary customer base RECENT RENOVATION IN A HIGH TRAFFICKED CORRIDOR - The Building has recently been renovated to suit the tenant’s need - Site is positioned off of busy Mallard Creek Church Rd (28K VPD) and just 1.3 miles west of busy I-85 (154K VPD) CHARLOTTE, NC - A TOP PERFORMING MARKET NATIONALLY - Charlotte MSA has added more than 215K people from 2020 to 2024, making it the 5th fastest growing city in the country - The Charlotte, NC region is expected to add 1.5 million residents and reach 4.5M by 2050

FOR SALE DETAILS

PRICE

$3,759,000 USD

PRICE/SF

$942 USD /SF

CAP RATE

5.2%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Heartland Dental

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.08 AC

LAND SF

47,045 SF

ZONING

-

APN/PARCEL ID

029-011-38

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.