5105-5107 Piper Station Dr - Storefront Retail/Office FOR SALE


Charlotte, NC 28277- Ballantyne
$7,607,000 USD
704-351-4983
5105-5107 Piper Station Dr, Charlotte, NC for Sale
$7,607,000 USD
Storefront Retail/Office - FOR SALE
1/15
null | 6.3% Cap Rate

5105-5107 Piper Station Dr
Charlotte, NC 28277
Ballantyne


HIGHLIGHTS

  • A+ Location in Charlotte, NC. Middle to upper incomes & major retail destination.

OVERVIEW

Piper Glen Plaza represents a rare opportunity to acquire a fully stabilized retail shopping center located in one of Charlotte’s most affluent and high traffic commercial destinations. The center features a strong, diversified tenant mix spanning medical (including a 25-year-established animal hospital and a wellness clinic), personal services (beauty salon, dry-cleaner, and nail salon), education, and experiential uses (children’s tutoring and a dance studio)—all of which drive consistent foot traffic and long-term, service-based demand. This family-owned asset is strategically positioned in the heart of the Piper Glen submarket, a thriving suburban community recognized for its exceptional demographics, high household incomes, and a highly regarded commercial corridor. The property benefits from strong population density, excellent visibility, and seamless access to major commuter roads and nearby highways, supporting sustained consumer traffic and tenant performance. With zero vacancies, abundant parking, above-standard parking ratios, minimal tenant turnover, below-market lease rates, and historically strong occupancy, Piper Glen Plaza offers investors a compelling combination of stability, cash flow reliability, and embedded rental rate upside. The center’s location, performance history, and operational profile position it as a durable, necessity-driven retail asset in one of Charlotte’s most sought after trade areas. Piper Glen Plaza is a premier investment offering within one of North Carolina’s most dynamic suburban retail markets, delivering long-term income security alongside meaningful value-add potential through future lease mark-to-market opportunities.

FOR SALE DETAILS

PRICE

$7,607,000 USD

PRICE/SF

$502 USD /SF

CAP RATE

6.3%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Piper Glen Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.96 AC

LAND SF

85,378 SF

ZONING

B-2 (CD)

APN/PARCEL ID

225-045-12

ASK ABOUT THIS PROPERTY

Steve RichColliersMore Info
704-351-4983

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Steve RichColliersMore Info
704-351-4983

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