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    7712 Sossamon Ln NW Concord, NC 28027

    For Sale
    $2,900,000

    Retail center for sale near Concord Mills Mall.

    Lot size:
    0.97 Acres

    Property Features for 7712 Sossamon Ln NW

    General Information

    Lot size
    0.97 Acres

    Source: Park Commercial Real Estate Agent Charlie Swanson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Center Investment Opportunity

    This retail center is located in the greater Charlotte, NC area, situated on Concord's main thoroughfare, fronting Bruton Smith Blvd, and in close proximity to the amenities surrounding Concord Mills Mall and Charlotte Speedway. The property is currently 100% leased. Tenants are paying below market rents with short terms remaining, presenting a value-add opportunity.
    Location Intelligence

    Current Use by Public Records

    Firehouse Subs Speedway ... Caterer Next Step Dance ... Dance School Mai Thai II Thai Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Doc Popcorn, Concord Marketplace, Shoppes at Kings Grant, Sunglass Outfitters by Sunglass Hut, Concord Mills

    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.7088903
    Latitude
    35.3648812

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    FAQs

    What type of property is this?
    Shopping center - Retail center for sale near Concord Mills Mall.
    Where is this shopping center located?
    The property is located at 7712 Sossamon Ln NW Concord, NC.
    What is the asking price?
    The asking price for this property is $2,900,000.
    What are key features of this property?
    This property features: - 100% leased retail center providing immediate income.; - Located on Concord's Main thoroughfare fronting Bruton Smith Blvd, near Concord Mills Mall and Charlotte Speedway.; - Value-add opportunity due to tenants paying below market rents.
    (704) 218-9204
    Request Owner's contact information
    7712 Sossamon Ln NW Concord, NC 28027
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7712 Sossamon Ln NW Concord, NC 28027
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