Shadow-Anchored Office
For Sale
$3,916,094
2917 Providence Road South, Waxhaw, NC 28173
Office units positioned adjacent to ALDI, supporting steady tenant demand with daily grocer foot traffic.
Property Size47,480 SF
Days on Market146
Property Features for 2917 Providence Road South
General Information
Standard status
Active
Size
47,480 SF
Property subtype
VacantLand
Building Details
Building Size
47,480 SF
Listing Agency:
MPV Properties
Listed By:
Mark Newell · License #111045
(704) 561-5243
Source:
Commercialcafe
Added: Jun 11
Changed: Oct 25
Last Checked: Nov 3 at 3:16AM
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 MPV Properties
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Investment Insights
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This offering consists of office units built to serve day-to-day professional and service needs. The property is described as having a contractual rent structure that includes annual rent escalations.
Located in an affluent South Charlotte area, the asset is positioned as a shadow-anchor alongside ALDI, a national grocer intended to drive consistent co-tenancy foot traffic. The surrounding retail mix referenced in the remarks includes Lowes Foods, Atrium Health, Lowe’s Home Improvement, Walmart Neighborhood Market, Harris Teeter, McDonald’s, Bojangles, and East Coast Wings.
For tenants, buyers, or operators, the practical draw is the combined office use with adjacency to a high-visibility daily driver created by ALDI’s presence. The remarks also reference recession-resistant tenants and the role of annual escalations in helping maintain contractual income over time. Because the provided information centers on the office units and their co-tenancy relationship, this is best suited for parties looking for office space with retail co-location benefits rather than a standalone office-only environment.
Located in an affluent South Charlotte area, the asset is positioned as a shadow-anchor alongside ALDI, a national grocer intended to drive consistent co-tenancy foot traffic. The surrounding retail mix referenced in the remarks includes Lowes Foods, Atrium Health, Lowe’s Home Improvement, Walmart Neighborhood Market, Harris Teeter, McDonald’s, Bojangles, and East Coast Wings.
For tenants, buyers, or operators, the practical draw is the combined office use with adjacency to a high-visibility daily driver created by ALDI’s presence. The remarks also reference recession-resistant tenants and the role of annual escalations in helping maintain contractual income over time. Because the provided information centers on the office units and their co-tenancy relationship, this is best suited for parties looking for office space with retail co-location benefits rather than a standalone office-only environment.
Key Highlights
- Office units positioned adjacent to ALDI
- Co‑tenancy with ALDI is expected to drive anchor‑quality daily foot traffic
- Contractual annual rent escalations provide NOI growth
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
236
Businesses Nearby
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Business Placement
Demographics for 28173, NC
64,144
Population
20,801
Households
3.1
Avg Household Size
39
Median Age
57%
College-Educated
95%
High-School Grad
106.3 sq mi
ZIP Area
603
Density / Sq Mi
$146,196
Median Household Income
$59,188
Median Earnings
$1,700
Median Rent
$558,500
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Office units positioned adjacent to ALDI, supporting steady tenant demand with daily grocer foot traffic.
Where is this office unit located?
The property is located at 2917 Providence Road South Waxhaw, NC.
What is the asking price?
The asking price for this property is $3,916,094.
What are key features of this property?
This property features: Office units positioned adjacent to ALDI; Co‑tenancy with ALDI is expected to drive anchor‑quality daily foot traffic; Contractual annual rent escalations provide NOI growth
