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Dual-Tenant NNN Retail Property

5640 Albemarle Road, Charlotte, NC 28212

For Sale
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Two freestanding buildings are leased to Dutch Bros Coffee and Valvoline Instant Oil Change under absolute NNN ground leases.

Property Size2,286 SF
Price / SF$779.20
Days on Market26

Property Features for 5640 Albemarle Road

General Information

Standard status Active
Size 2,286 SF
Property subtype Retail
Occupancy 100%
Net Operating Income $279,750

Site & Location

Neighborhood East Middle & Outer
Traffic Count 67,500 vehicles/day
Road Access Yes

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes
In-Place Lease Type Absolute NNN
Current Tenants Dutch Bros Coffee, Valvoline Instant Oil Change
Real Estate Included Yes

Additional Details

Automotive Uses quick lube/oil change

Building Details

Year Built 2026
Buildings 2
Tenancy Multi
Listing Agency: Atlantic Capital Partners
Listed By: Mike Lucier · License #NC 231272
Source: Crexi
Added: Oct 15 Changed: Nov 8 Last Checked: Nov 8 at 2:41PM

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

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

At 5640 Albemarle Road, the property comprises two freestanding buildings totaling 2,286 square feet. Dutch Bros Coffee occupies 986 square feet, while Valvoline Instant Oil Change occupies 1,300 square feet. The buildings were constructed in 2026, and both tenants operate under new 15-year absolute NNN ground leases.

The site is at the signalized intersection of Albemarle Road and Reddman Road in Charlotte. Combined traffic on the two roads exceeds 67,500 vehicles per day. The property is located within the Charlotte-Concord-Gastonia MSA.

Key Highlights

  • Two freestanding buildings totaling 2,286 square feet
  • Dutch Bros Coffee occupies 986 square feet; Valvoline Instant Oil Change occupies 1,300 square feet
  • Both tenants have new 15‑year absolute NNN ground leases

Property Analytics

Current Use

Coffee shops

Suggested Use

Top Pick Building Supply (Bike/Boat/Book/etc) Store Electrical Service Locksmith Veterinary Clinic Garden Center

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

67,500 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,003
Businesses Nearby
88k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 83% Dining 15% Electronics 2%
Dollar Tree Shops & Services
18,028 visits/mo 0.0 miles
Taco Bell Dining
9,291 visits/mo 0.5 miles
Shell Shops & Services
8,668 visits/mo 0.5 miles
Dollar General Shops & Services
8,164 visits/mo 0.4 miles
Chase Bank Shops & Services
5,693 visits/mo 0.1 miles

Demographics for 28212, NC

41,009
Population
17,417
Households
2.4
Avg Household Size
33
Median Age
24%
College-Educated
78%
High-School Grad
9.2 sq mi
ZIP Area
4,458
Density / Sq Mi
$51,530
Median Household Income
$35,596
Median Earnings
$1,274
Median Rent
$236,300
Median Home Value

Market

Properties on Market for NNN properties in Mecklenburg County

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
NNN property - Two freestanding buildings are leased to Dutch Bros Coffee and Valvoline Instant Oil Change under absolute NNN ground leases.
Where is this nnn property located?
The property is located at 5640 Albemarle Road Charlotte, NC.
What is the asking price?
The asking price for this property is $1,781,250.
What are key features of this property?
This property features: Two freestanding buildings totaling 2,286 square feet; Dutch Bros Coffee occupies 986 square feet; Valvoline Instant Oil Change occupies 1,300 square feet; Both tenants have new 15‑year absolute NNN ground leases
(704) 995-2850 Call to check price and availability
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