Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2023 Beatties Ford Rd Charlotte, NC 28216

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Charlotte NC Office/Retail Opportunity

    Lot size:
    6,065 SF

    Property Features for 2023 Beatties Ford Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,065 SF
    Class
    B
    Total Rate
    17689.58

    Building Details

    Buildings
    1
    Stories
    1

    Spaces For Lease

    at 2023 Beatties Ford Rd, Charlotte, NC 28216 Contact us
    Unit Suite 200 & 300

    $35 /Mo

    Size
    1,605 SF
    Contact us

    We can help!

    Listing Contact
    Rodney Faulkner
    Rodney Faulkner

    Listing Agency: Boundary Street Advisors Listing Agent: Rodney Faulkner

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This single-story, 6,065 square foot Class B building at 2023 Beatties Ford Road in Charlotte, NC, offers a unique investment opportunity. The property, situated on a 0.59-acre lot at a high-visibility corner with 24,000 vehicles passing daily, features five suites in a multi-tenant configuration. Currently, 2,994 square feet are vacant, including a partially built-out (65% complete) 1,605 square foot restaurant space. The building is zoned NC (Neighborhood Center) and enjoys convenient access to I-85 and I-77. Anchored by Chase Bank, this location benefits from its rich history and thriving commercial environment, attracting a diverse range of businesses. Potential uses are plentiful and include medical/dental offices, retail spaces, restaurants, bakeries, and other neighborhood services. The property's prime location and flexible space make it ideal for a variety of tenants seeking high visibility and convenient access. The building is located near Lasalle Street and has a Charlotte, NC zip code of 28216.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Archive CLT Cafe & Coffee Shop Go Station Charging ... Electric Vehicle Charging Station Mackins Bridal Boutique (Bike/Boat/Book/etc) Store Shell Recharge Charging ... Electric Vehicle Charging Station Chase ATM Atm

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Charlotte
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.8551161
    Latitude
    35.2626985

    Nearby Similar for Lease

    • $2,400 /Mo

      Office Space Near Arboretum

      Office space available for sublease in desirable Charlotte location.
      3121 Springbank Ln, Charlotte, NC 28226
      View Details
    • $1,550 /Mo
      11,761 SF

      Prime Commercial Space Available

      Well-located commercial space ideal for retail, office, or medical use.
      4631 Nations Crossing Rd, Charlotte, NC 28217
      View Details
    • $1,550 /Mo
      10,454 SF

      Versatile Commercial Space in Charlotte

      High-visibility commercial space suitable for retail, office, or medical use.
      4625 Nations Crossing Rd, Charlotte, NC 28217
      View Details
    • New
      $1,775 /Mo

      NODA Commercial Space For Lease

      Ground-floor retail space in the Renaissance community, Charlotte, NC.
      3574 N Davidson St, Charlotte, NC 28205
      View Details
    • $2,975 /Mo
      21,780 SF

      Renovated Turnkey Office Space

      Turnkey office space in central Wesley Heights/Freemore West location.
      1930 Freedom Dr, Charlotte, NC 28208
      View Details
    • $450 /Mo

      Office Space For Rent

      Office space available with Wi-Fi and parking included.
      415 E Woodlawn Rd, Charlotte, NC 28209
      View Details
    • $3,950 /Mo
      5,227 SF

      Updated Office and Warehouse Space

      Updated office and warehouse with convenient access to downtown Charlotte.
      6128 Brookshire Blvd, Charlotte, NC 28216
      View Details
    • $15,550 /Mo
      27,007 SF

      Versatile Commercial Space, Charlotte, NC

      Spacious property suitable for various business concepts in high-traffic location.
      6711 Freedom Dr, Charlotte, NC 28214
      View Details
    • $1,200 /Mo
      217,364 SF

      University City Office Condos Available

      Office condos in University City with immediate occupancy and drive-up access.
      1909 J N Pease Pl, Charlotte, NC 28262
      View Details
    • $3,500 /Mo
      4,356 SF

      Industrial Flex Condo For Rent

      Updated industrial flex condo with office and warehouse space available.
      6128 Brookshire Blvd, Charlotte, NC 28216
      View Details
    • $4,026 /Mo
      4,356 SF

      Professional Office Space in Charlotte

      Ground floor offices with high visibility and ample parking.
      3703 Latrobe Dr, Charlotte, NC 28211
      View Details
    • $2,300 /Mo
      348,480 SF

      Professional Office Suite in Charlotte

      Convenient office suite near Ballantyne with walkable amenities.
      10718 Carmel Cmns Blvd, Charlotte, NC 28226
      View Details

    FAQs

    What type of property is this?
    Restaurant - Charlotte NC Office/Retail Opportunity
    Where is this restaurant located?
    The property is located at 2023 Beatties Ford Rd Charlotte, NC.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: 6,065 SF Class B building on a 0.59-acre lot in Charlotte, NC.; High-visibility corner location with 24,000 vehicles passing daily.; Five-suite multi-tenant building with 2,994 SF of vacant space, including a partially built-out (65% complete) 1,605 SF restaurant space.
    (704) 777-0507 Call to check price and availability
    Request Owner's contact information
    2023 Beatties Ford Rd Charlotte, NC 28216
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2023 Beatties Ford Rd
    Charlotte, NC 28216
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2023 Beatties Ford Rd Charlotte, NC 28216
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Rodney Faulkner
    Rodney Faulkner
    Real Estate License ID: 234908
    (704) 777-0507 (704) 833-8533
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!