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NNN Retail Investment
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11415 CAROLINA PL PKWY, Pineville, NC 28134

Single-tenant NNN retail offering on a high-density corridor with corporate ABS structure.

Property SizeContact for details
Days on Market55

Property Features for 11415 CAROLINA PL PKWY

General Information

Standard status Active
Property subtype Retail
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $810,957

Additional Details

Cap Rate 8.5%

Building Details

Year Built 1996
Stories 1
Units 1
Tenancy Single
Listing Agency: Atlantic Capital Partners
Listed By: David Hoppe · License #NC 288268
Source: Crexi
Added: Jun 18 Changed: Aug 8 Last Checked: Aug 10 at 7:06AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Atlantic Capital Partners

Investment Insights

Based on property information with market context.

This offering is a retail property structured as a NNN investment, marketed with a corporate ABS framework. The property is presented for sale with an indicated 8.5% cap rate, aligning with a corporate-backed, net-lease style arrangement.

The listing notes the asset is located along a high-density corridor, positioning the property for steady local retail exposure. No additional tenant, unit configuration, or physical building details are provided in the available information.

For buyers seeking a NNN retail investment, this package is designed around a corporate ABS structure and the stated 8.5% cap rate. It may suit investors who want a retail asset handled on a net-lease basis, while matching underwriting preferences for corporate-backed arrangements. Prospective buyers should review the full offering materials to confirm lease terms, responsibilities, and any corporate ABS requirements, as these details are not included in the summary provided.

Key Highlights

  • Single‑tenant NNN retail offering
  • 8.5% cap rate
  • Corp ABS NNN structure

Property Analytics

Current Use

At Home Home Decor Store

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Building Supply Big Box & Wholesale Store Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

638
Businesses Nearby
274k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 49% Apparel 32% Home Improvements & Furnishings 12% Shops & Services 6%
Sam's Club Superstores
94,739 visits/mo 0.1 miles
BJ's Wholesale Club Superstores
40,063 visits/mo 0.2 miles
Dillard's Apparel
35,841 visits/mo 0.2 miles
JCPenney Apparel
32,668 visits/mo 0.4 miles
At Home Home Improvements & Furnishings
25,665 visits/mo 0.0 miles

Demographics for 28134, NC

12,411
Population
5,299
Households
2.3
Avg Household Size
37
Median Age
45%
College-Educated
93%
High-School Grad
8.3 sq mi
ZIP Area
1,495
Density / Sq Mi
$82,947
Median Household Income
$45,076
Median Earnings
$1,694
Median Rent
$336,200
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Single-tenant NNN retail offering on a high-density corridor with corporate ABS structure.
Where is this retail space located?
The property is located at 11415 CAROLINA PL PKWY Pineville, NC.
What is the asking price?
The asking price for this property is $9,541,000.
What are key features of this property?
This property features: Single‑tenant NNN retail offering; 8.5% cap rate; Corp ABS NNN structure
(704) 375-7771 Call to check price and availability
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