Storefront Property with NNN
For Sale
Contact for pricing
7904 Nations Ford Rd, Charlotte, NC 28217
NNN lease in place through 2033 with scheduled 2% annual rent increases and 17 parking spaces.
Property Size1,864 SF
Price / SF$445.28
Days on Market118
Property Features for 7904 Nations Ford Rd
General Information
Standard status
Active
Size
1,864 SF
Total Parking Spaces
17
Property subtype
RETAIL
Zoning
O-15 (CD), B-1 (CD)
Site & Location
Neighborhood
Southwest Middle
Listing Agency:
SouthEast Commercial RE Group
(704) 370-3000
Listed By:
Mike Kirby
(704) 408-3926
Source:
Moodyscre
Added: Jul 6
Changed: Oct 25
Last Checked: Oct 30 at 5:58PM
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 SouthEast Commercial RE Group
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Investment Insights
Based on property information with market context.
This storefront property features an NNN lease in place until 2033, with 2% annual rent increases. The property totals 1,864 square feet and includes 17 parking spaces to support tenant and visitor access.
Zoning includes O-15 (CD) and B-1 (CD), providing flexibility for appropriate commercial use under the local land-use rules. The property is located at 7904 Nations Ford Rd in Charlotte, North Carolina.
Overall, the combination of a long-term NNN lease, defined rent escalations, and on-site parking makes this a straightforward option for buyers seeking a leased storefront asset with established operating structure.
Zoning includes O-15 (CD) and B-1 (CD), providing flexibility for appropriate commercial use under the local land-use rules. The property is located at 7904 Nations Ford Rd in Charlotte, North Carolina.
Overall, the combination of a long-term NNN lease, defined rent escalations, and on-site parking makes this a straightforward option for buyers seeking a leased storefront asset with established operating structure.
Key Highlights
- NNN lease in place until 2033
- 2% annual rent increases
- Zoned O‑15 (CD) and B‑1 (CD)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,209
Cap Rate
3.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$624,180
$624.2K
Cap Rate 7%
$445,843
$445.8K
Cap Rate 9%
$346,767
$346.8K
Market Conditions
NOI Build-Up for 1,864 SF
Gross rent
$45.9K $24.60/SF
− Vacancy
−$1.3K −$0.68/SF
EGI
$44.6K $23.92/SF
− OpEx
−$13.4K −$7.18/SF
NOI
$31.2K $16.74/SF
Area
Charlotte, NC
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%
$624,180
Cap Rate 7%
$445,843
Cap Rate 9%
$346,767
Alternative Uses
Best Use
Retail
$445.8K
$390.1K – $520.2K
NOI $31,209 @ 7.0% cap · market cap 3.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$620.7K
$543.1K – $724.2K
NOI $43,450 @ 7.0% cap · market cap 5.23%
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
304
Businesses Nearby
29k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 64%
Dining 24%
Hotels & Casinos 10%
Home Improvements & Furnishings 2%
Shell
Shops & Services
10,713 visits/mo
0.1 miles
Mobil
Shops & Services
7,601 visits/mo
0.3 miles
Burger King
Dining
6,758 visits/mo
0.3 miles
Knights Inn Charlotte South
Hotels & Casinos
1,317 visits/mo
0.1 miles
Motel 6
Hotels & Casinos
949 visits/mo
0.1 miles
Demographics for 28217, NC
28,955
Population
13,615
Households
2.1
Avg Household Size
32
Median Age
35%
College-Educated
80%
High-School Grad
14.9 sq mi
ZIP Area
1,943
Density / Sq Mi
$60,397
Median Household Income
$37,338
Median Earnings
$1,498
Median Rent
$238,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Charlotte, NC
Frequently Asked Questions
What type of property is this?
Storefront property - NNN lease in place through 2033 with scheduled 2% annual rent increases and 17 parking spaces.
Where is this storefront property located?
The property is located at 7904 Nations Ford Rd Charlotte, NC.
What is the asking price?
The asking price for this property is $830,000.
What are key features of this property?
This property features: NNN lease in place until 2033; 2% annual rent increases; Zoned O‑15 (CD) and B‑1 (CD)
