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    Waxhaw Retail Ground Lease Opportunity Title is generated by Realmo AI

    2520 Cuthbertson Rd, Waxhaw, NC 28173

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    Retail property in Waxhaw, NC with corporate ground lease.

    Type:Retail
    Property size:
    41,356 SF
    Price / SF:
    $160/SF
    Added:
    Mar 24, 2026
    Days on Market:
    96
    Last Refresh:
    Mar 25 at 8:44 pm

    Property Features for 2520 Cuthbertson Rd

    General Information

    Standard status
    Active
    Size
    41,356 SF
    Property subtype
    Retail

    Building Details

    Year Built
    2014

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    David Hoppe
    David Hoppe

    Listing office Atlantic Capital Partners

    Listing date Mar 24, 2026

    Source Crexi

    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

    HighLights

    • 4.15% CAP Rate
    • Corporate Ground Lease
    • Built in 2014

    Overview

    This retail property, situated on 41356 square feet of land, is located in Waxhaw, NC. The property is currently for sale and operates under a corporate ground lease. The property is being offered at a 4.15% CAP rate.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $784.1k $18.96
    − Vacancy −$58.8k −$1.42
    EGI $725.3k $17.54
    − OpEx −$217.6k −$5.26
    NOI $507.7k $12.28
    41,356 SF · lease $18.96/SF/yr · vacancy 7.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $7.25M
    $6.35M – $8.46M (±1% cap)
    NOI $507,711 @ 7.0% cap · market cap 7.66%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $12.77M
    $11.18M – $14.90M (±1% cap)
    NOI $894,183 @ 7.0% cap · market cap 13.49%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Walmart Home Services Social Service Agency Walmart Patio & Garden ... Landscaping Coinstar Bank Walmart House Cleaning ... Hardware & Home Improvement Walmart Home Theater ... Electrical Service

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Waxhaw
    County
    Union
    State
    North Carolina
    Longitude
    -80.7559182
    Latitude
    34.958351

    FAQs

    What type of property is this?
    Retail property - Retail property in Waxhaw, NC with corporate ground lease.
    Where is this retail property located?
    The property is located at 2520 Cuthbertson Rd Waxhaw, NC.
    What is the asking price?
    The asking price for this property is $6,627,000.
    What are key features of this property?
    This property features: 4.15% CAP Rate; Corporate Ground Lease; Built in 2014
    (704) 375-7771 Call to check price and availability
    More about this property
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