7010 Smith Corners Boulevard, Charlotte, NC, USA

Charlotte, North Carolina

Google Map

Total Square Feet

±31,802 SF

Total Acreage

±2.39 AC

Asking Price

$6,800,000

Zoning

CC - Commercial Center

NOI

$410,564

The center is occupied by four tenants: Two tenants occupying 72% of the GLA are national tenants and the remaining two tenants are local/regional tenants
Staples, Inc. has investment grade ratings from Moody’s and Standard and Poor’s of (B3, B-), respectively
Leslie’s Poolmart, Inc. has investment grade ratings from Moody’s and Standard and Poor’s of (B2, B-), respectively
Carter Lumber is a large, family-owned business with over 170 locations across 13 states and has been operating since 1932. While privately held, its significant size, long operating history and client base of professional builders indicate a stable financial base, providing security to an investor
Small shop space tenants paying below market rent, providing investors the opportunity to increase cash flow with mark to market opportunities as leases roll over
100% occupied by four tenants, of which Staples has occupied for nearly 20 years
All tenants currently have NNN leases, providing stable cash flow and minimizing landlord responsibilities
Charlotte, NC is the 6th fastest growing large city in the country
The property is located in the northeast quadrant of the I-77 and Harris Boulevard interchange
15,894 daytime population within a 1-mile radius