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Redeveloped Outparcel Near University
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8420 University City Blvd, Charlotte, NC 28213

High-profile retail space near university and shopping center.

Space SizeContact for details
Days on Market269

Property Features for 8420 University City Blvd

General Information

Standard status Active
Property subtype Shopping Center or Multi-Tenant Building
Listing Agency:
Listed By: Molly Prince Sarn
Source: Tscg
Added: Nov 25, 2025 Changed: Aug 17 Last Checked: Aug 20 at 5:05AM

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 Molly Prince Sarn

Investment Insights

Based on property information with market context.

This high-profile outparcel redevelopment is located at a traffic light corner at the entrance to Town Center Plaza, a shopping center anchored by Harris Teeter. The property is in close proximity to the University of North Carolina at Charlotte (UNCC), which has a student population of over 30,000. This is a brand new construction that is fully leased. The location benefits from a traffic light corner that connects to WT Harris Boulevard on-ramp and sits on the Toby Creek Greenway, which has a direct connection to the UNCC campus. Traffic counts are significant, with University City Boulevard (Hwy 49) recording 27,500 AADT and E WT Harris Boulevard recording 51,500 AADT.

Key Highlights

  • Fully Leased: Provides immediate income and investment security.
  • High Traffic Location: Benefits from high visibility with 51,500 AADT on E WT Harris Blvd and 27,500 AADT on University City Blvd (Hwy 49).
  • Proximity to UNCC: Located near a university with over 30,000 students, offering a large potential customer base.

Property Analytics

Current Use

U.S. Bank Branch Bank Orangetheory Fitness Gym & Fitness Center Starbucks Cafe & Coffee Shop Commons At Chancellor Park Shopping Center & Mall

Suggested Use

Top Pick Building Supply Storage Facility HVAC Service Grocery & Convenience Store Electrical Service 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.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,063
Businesses Nearby
463k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 27% Superstores 22% Shops & Services 20% Home Improvements & Furnishings 17%
Target Superstores
103,295 visits/mo 0.3 miles
Harris Teeter Groceries
53,372 visits/mo 0.3 miles
McDonald's Dining
45,320 visits/mo 0.3 miles
Chick-fil-A Dining
36,336 visits/mo 0.2 miles
The Home Depot Home Improvements & Furnishings
34,642 visits/mo 0.3 miles

Demographics for 28213, NC

47,215
Population
20,484
Households
2.3
Avg Household Size
31
Median Age
34%
College-Educated
86%
High-School Grad
14.2 sq mi
ZIP Area
3,325
Density / Sq Mi
$55,612
Median Household Income
$39,704
Median Earnings
$1,341
Median Rent
$251,700
Median Home Value

Market

Lease Benchmarks for Charlotte, NC

$28.67 /SF/Yr
Avg Asking Price
$18.32–$55 /SF/Yr
Price Range
17,034 SF
Avg Space Size

Vacancy Rate% for Retail in Charlotte, NC

6.2% 2019
6.1% 2020
5% 2021
4.5% 2022
3.1% 2023
3.5% 2024
3.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - High-profile retail space near university and shopping center.
Where is this retail space located?
The property is located at 8420 University City Blvd Charlotte, NC.
What are key features of this property?
This property features: Fully Leased: Provides immediate income and investment security.; High Traffic Location: Benefits from high visibility with 51,500 AADT on E WT Harris Blvd and 27,500 AADT on University City Blvd (Hwy 49).; Proximity to UNCC: Located near a university with over 30,000 students, offering a large potential customer base.
More about this property
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