Freestanding Retail Building with
3730 Brookshire Blvd, Charlotte, NC 28216
For Sale
Contact for pricing
Freestanding 3900 SF retail building on 0.90 acres.
Property Size4,272 SF
Lot Size0.90 Acres
Price / SF$409.64
Days on Market1726
Property Features for 3730 Brookshire Blvd
General Information
Standard status
Size
Class
Lot size
Property subtype
Zoning
Occupancy
Lease Type
Site & Location
Neighborhood
Building Details
Year Built
Buildings
Stories
Units
Tenancy
Listing Agency:
CharCom Properties
Listed By:
Vernon L. Wood · License #NC 51244
Source:
Crexi
Added: Feb 18, 2022
Changed: Nov 6
Last Checked: Nov 8 at 6:27AM
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 CharCom Properties
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Investment Insights
Based on property information with market context.
This freestanding brick building, constructed in 1977, features a drive-thru and encompasses 3900 square feet. Situated on a 0.90-acre corner lot, the property benefits from high visibility at the intersection of I-85 and Brookshire Boulevard (NC 16 Hwy). Zoned B-1, the space has previously accommodated a pawnshop, sweepstakes business, and other retail ventures. Ample parking is available. Located in Northwest Charlotte, the property is positioned minutes from Charlotte's Central Business District and I-77.
Key Highlights
- Prime corner lot at I‑85 and Brookshire Blvd (NC 16 Hwy) offers high visibility.
- Freestanding 3900 SF brick building with drive‑thru.
- Zoned B‑1, suitable for various retail uses.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$71,526
Cap Rate
4.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,430,520
$1.4M
Cap Rate 7%
$1,021,800
$1.0M
Cap Rate 9%
$794,733
$794.7K
Market Conditions
NOI Build-Up for 4,272 SF
Gross rent
$105.1K $24.60/SF
− Vacancy
−$2.9K −$0.68/SF
EGI
$102.2K $23.92/SF
− OpEx
−$30.7K −$7.18/SF
NOI
$71.5K $16.74/SF
Area
ZIP 28216
Vacancy
2.77%
Lease Rate
$24.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,430,520
Cap Rate 7%
$1,021,800
Cap Rate 9%
$794,733
Alternative Uses
Best Use
Retail
$1.02M
$894.1K – $1.19M
NOI $71,526 @ 7.0% cap · market cap 4.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.51M
$1.32M – $1.76M
NOI $105,415 @ 7.0% cap · market cap 6.02%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
391
Businesses Nearby
89k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 60%
Dining 39%
Hotels & Casinos 1%
QuikTrip
Shops & Services
36,131 visits/mo
0.3 miles
Starbucks
Dining
12,216 visits/mo
0.2 miles
Burger King
Dining
11,478 visits/mo
0.2 miles
Jack in the Box
Dining
9,886 visits/mo
0.3 miles
Family Dollar
Shops & Services
6,304 visits/mo
0.3 miles
Demographics for 28216, NC
57,196
Population
24,902
Households
2.3
Avg Household Size
35
Median Age
35%
College-Educated
89%
High-School Grad
30.0 sq mi
ZIP Area
1,907
Density / Sq Mi
$64,977
Median Household Income
$43,643
Median Earnings
$1,464
Median Rent
$246,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Retail space in Charlotte
Vacancy Rate% for Retail in Charlotte, NC
Frequently Asked Questions
What type of property is this?
Retail space - Freestanding 3900 SF retail building on 0.90 acres.
Where is this retail space located?
The property is located at 3730 Brookshire Blvd Charlotte, NC.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Prime corner lot at I‑85 and Brookshire Blvd (NC 16 Hwy) offers high visibility.; Freestanding 3900 SF brick building with drive‑thru.; Zoned B‑1, suitable for various retail uses.
