Atlantic Capital Partners has been exclusively engaged to market Belmont Village, a newly renovated neighborhood shopping center located in the Charlotte MSA in Belmont, North Carolina. The property is strategically positioned along Wilkinson Boulevard, a primary commercial corridor with approximately 30,000 vehicles per day, and benefits from strong visibility and access within a dense and growing suburban trade area supported by daily-needs and service-oriented demand.
Belmont Village totals 53,488 square feet atop 7.50 acres and is 93% occupied by a diverse mix of national, regional, and local tenants, anchored by Goodwill, and complimented by service-oriented users including Ignited Minds, and healthcare and food service tenancy. The asset underwent substantial capital improvements and was thoroughly renovated in 2024, including a full new roof replacement.
The opportunity provides investors stable in-place cash flow with immediate upside via mark-to-market rent opportunities. The offering features long-term anchor tenancy with embedded contractual rent growth and mark-to-market upside for inline space. Both the asset and submarket benefit from their positioning within an extremely supply constrained market, with over 80% of the surrounding land owned and controlled by Belmont Abbey/Belmont Abbey College, limiting growth, new development, and new entrants to the market.