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Urban Anchored Shopping Center
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900 Metropolitan Avenue, Charlotte, NC 28204

Fully leased retail property with national anchors and access to a shared structured parking facility.

Property Size122,599 SF
Lot Size6.54 Acres
Days on Market145

Property Features for 900 Metropolitan Avenue

General Information

Standard status Active
Size 122,599 SF
Lot size 6.54 Acres
Property subtype Retail, Office
Occupancy 100%

Additional Details

Floor Ground
Anchor Co-Tenants BJ's Wholesale Club, PETCO

Building Details

Buildings 1
Tenancy Multi
Listing Agency: Lee & Associates - Wilmington
Listed By: David Divine, SIOR · License #190963
Source: Crexi
Added: Apr 10 Changed: Aug 30 Last Checked: Aug 30 at 11:48PM

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 Lee & Associates - Wilmington

Investment Insights

Based on property information with market context.

Unit 1 comprises approximately 130,512 gross square feet and 122,599 net rentable square feet within a multi-level urban retail building. The offering is 100% leased to three tenants, including BJ’s Wholesale Club, PETCO, and My Salon Suite. The property occupies approximately 6.54 acres and includes a 48.96% condominium interest in the building and parking deck.

A five-level structured parking deck serves the property in conjunction with the Target space located on the upper floor. The Target portion, identified as Unit 2, is not included in the offering. The underlying land is held through a 50/50 TIC ownership structure. The asset is located at 900 Metropolitan Avenue in Charlotte, North Carolina.

Key Highlights

  • Approximately 130,512 gross SF and 122,599 net rentable SF
  • 100% leased to three tenants, including BJ’s Wholesale Club, PETCO, and My Salon Suite
  • Approximately 6.54 acres at 900 Metropolitan Avenue, Charlotte, NC 28204

Property Analytics

Current Use

BEAST MODE BARBERS ... Barber Shop Noir Luxe Beauty ... Hair Salon Pizza Hut Express Restaurant Zachary Cenfetelli, PharmD Pharmacy At Home Home Decor Store

Suggested Use

Top Pick Auto Parts Store Butcher Locksmith (Bike/Boat/Book/etc) Store Pet Grooming Service Veterinary Clinic

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

5,170
Businesses Nearby
371k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Superstores 40% Dining 33% Shops & Services 15% Groceries 8%
Target Superstores
150,108 visits/mo 0.0 miles
Wendy's Dining
39,820 visits/mo 0.1 miles
Trader Joe's Groceries
28,441 visits/mo 0.3 miles
Circle K Shops & Services
27,014 visits/mo 0.2 miles
Bojangles' Famous Chicken 'n Biscuits Dining
20,916 visits/mo 0.3 miles

Demographics for 28204, NC

9,411
Population
6,291
Households
1.5
Avg Household Size
31
Median Age
76%
College-Educated
96%
High-School Grad
1.8 sq mi
ZIP Area
5,228
Density / Sq Mi
$89,207
Median Household Income
$72,281
Median Earnings
$1,694
Median Rent
$576,900
Median Home Value

Market

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
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Frequently Asked Questions

What type of property is this?
Shopping center - Fully leased retail property with national anchors and access to a shared structured parking facility.
Where is this shopping center located?
The property is located at 900 Metropolitan Avenue Charlotte, NC.
What are key features of this property?
This property features: Approximately 130,512 gross SF and 122,599 net rentable SF; 100% leased to three tenants, including BJ’s Wholesale Club, PETCO, and My Salon Suite; Approximately 6.54 acres at 900 Metropolitan Avenue, Charlotte, NC 28204
More about this property
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