2917 S Providence Rd - Medical FOR SALE


Waxhaw, NC 28173
$3,916,094 USD
704-904-5546
2917 S Providence Rd, Waxhaw, NC for Sale
$3,916,094 USD
Medical - FOR SALE
1/6
null | 6.15% Cap Rate

2917 S Providence Rd
Waxhaw, NC 28173


HIGHLIGHTS

  • Affluent South Charlotte Location – Average household incomes exceed $197,000
  • Shadow-Anchor to ALDI – Co-tenancy with Aldi drives anchor-quality foot traffic
  • Amazon & Recession-Resistant Tenants
  • Contractual NOI Growth – Annual rent escalations hedge inflation and compound asset value with no capital required
  • High Barrier-to-Entry Market – Limited land, tight zoning, and surging residential growth create structural scarcity
  • Retail Synergy – Adjacent to ALDI, a national grocer that attracts strong daily foot traffic, and positioned alongside popular local retailers

FOR SALE DETAILS

PRICE

$3,916,094 USD

PRICE/SF

$509 USD /SF

CAP RATE

6.15%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Carrington Square Professional

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

A

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

37

LAND DETAILS

LAND ACRES

1.09 AC

LAND SF

47,480 SF

ZONING

CD C-3 WAX

APN/PARCEL ID

06-162-018,06-162-018-A

ASK ABOUT THIS PROPERTY

Mark NewellMPV PropertiesMore Info
704-904-5546

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Mark NewellMPV PropertiesMore Info
704-904-5546

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