Shopping Center with Absolute Net
7143 Knightdale Boulevard Knightdale, NC 27545
For Sale
Contact for pricing
Small shopping center on a signalized corner intersection, offered under an absolute net lease structure.
Property Size14,550 SF
Price / SF$309.28
Days on Market43
Property Features for 7143 Knightdale Boulevard
General Information
- Standard status
- Active
- Size
- 14,550 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2006
Listing Agency:
Berkeley Capital Advisors Charlotte
Listed By:
Ransome Foose · License #NC 280948
Source:
Crexi
Added: Jun 11
Changed: Jul 23
Last Checked: Jul 23 at 1:43AM
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 Berkeley Capital Advisors Charlotte
Investment Insights
Based on property information with market context.
This shopping center is being offered for sale as an absolute net lease. The property is positioned at a signalized corner intersection, supporting straightforward access and visibility for passersby.
Located at 7143 Knightdale Boulevard in Knightdale, NC, the asset benefits from its corner placement at a controlled intersection.
For buyers and brokers seeking a retail investment structured around an absolute net lease, this center presents a compact, single-asset format on a signalized corner.
Located at 7143 Knightdale Boulevard in Knightdale, NC, the asset benefits from its corner placement at a controlled intersection.
For buyers and brokers seeking a retail investment structured around an absolute net lease, this center presents a compact, single-asset format on a signalized corner.
Key Highlights
- Shopping center built in 2006
- Located on a signalized corner intersection
- Offered under an absolute net lease structure
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 | $392.9k | $27.00 |
| − Vacancy | −$24.0k | −$1.65 |
| EGI | $368.8k | $25.35 |
| − OpEx | −$110.6k | −$7.60 |
| NOI | $258.2k | $17.74 |
14,550 SF · lease $27.00/SF/yr · vacancy 6.12% · expense 30.00%
Alternative Uses
Best Use
Retail
$3.69M
$3.23M – $4.30M
NOI $258,165 @ 7.0% cap · market cap 5.74%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.15M
$3.64M – $4.85M
NOI $290,807 @ 7.0% cap · market cap 6.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Walgreens Photo
(Bike/Boat/Book/etc) Store
Walgreens Pharmacy
Pharmacy
FedEx OnSite
Postal Service
LibertyX Bitcoin ATM
Atm
COVID-19 Drive-thru Testing ...
Pharmacy
Similar Off Market Nearby
- Knightdale Crossing — 7126 knightdale blvd, knightdale, nc 27545
- Coinstar Bitcoin ATM — food lion 7053 hwy 64 w, knightdale, nc 27545
- Coinstar Kiosk | Bitcoin ATM — Food Lion 7053 Hwy 64 W, Knightdale, NC 27545
FAQs
What type of property is this?
Shopping center - Small shopping center on a signalized corner intersection, offered under an absolute net lease structure.
Where is this shopping center located?
The property is located at 7143 Knightdale Boulevard Knightdale, NC.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Shopping center built in 2006; Located on a signalized corner intersection; Offered under an absolute net lease structure
