9401 Statesville Rd - Retail FOR SALE


Charlotte, NC 28269- Northlake
$10,000,000 USD
704-975-6742
9401 Statesville Rd, Charlotte, NC for Sale
$10,000,000 USD
Retail - FOR SALE
1/5
null | 5.74% Cap Rate

9401 Statesville Rd
Charlotte, NC 28269
Northlake


OVERVIEW

+/- 36,691 SF neighborhood shopping center presents a stable retail investment opportunity in a high-growth Charlotte market. Anchored by Northern Tool + Equipment, which occupies approximately 69% of the GLA, has operated at the property for 20+ years. The asset benefits from long-term tenant stability with lease expirations extended through 2029–2035. Structured with NNN leases and an improved rent profile, the property delivers a clean, durable NOI, supported by service-oriented tenants in a highly trafficked corridor near I-77 and Northlake Mall.

FOR SALE DETAILS

PRICE

$10,000,000 USD

PRICE/SF

$270 USD /SF

CAP RATE

5.74%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Statesville Shops

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

91

LAND DETAILS

LAND ACRES

3.98 AC

LAND SF

173,369 SF

ZONING

ML-1

APN/PARCEL ID

025-092-06

ASK ABOUT THIS PROPERTY

Boston ReidCOMPASSMore Info
704-975-6742

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Boston ReidCOMPASSMore Info
704-975-6742

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