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    3800 Brookshire Blvd Charlotte, NC 28216

    Sponsored
    For Sale
    $1,650,000

    Prime Charlotte retail storefront, net lease, high occupancy.

    Property size:
    3,040 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a 3,040 square foot storefront located at 3800 Brookshire Blvd, Charlotte, NC 28216. The property, classified as a Class B retail building, boasts a single tenant with 100% occupancy under a Net Lease (NN) agreement with one year remaining. Built in 1978 and extensively renovated in 2021, this single-story structure sits on a 0.8-acre lot zoned B-1. The asking price is $1,650,000, representing a compelling 6.50% cap rate. This redevelopment opportunity offers significant potential for long-term return on investment. The property's strong location in Mecklenburg County, Charlotte, ensures high visibility and accessibility. While part of a three-property portfolio, this storefront is offered for sale separately. The net rentable area is 3,040 square feet. This is a single-unit property. The land value is not included in the asking price. This is a tenant-occupied property.

    Property Features for 3800 Brookshire Blvd

    General Information

    Property type
    Individual retail properties
    Square Feet
    3,040 SF
    Class
    B
    Lot Size
    34,848 SF

    Building Details

    Year Built/Renovated
    1978/2021
    Buildings
    1
    Stories
    1
    Units
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    Taco truck Bellos ... Restaurant Elite Arcade Video Arcade

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Charlotte
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.879925472265
    Latitude
    35.263547284478

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    FAQs

    What type of property is this?
    Individual retail property - Prime Charlotte retail storefront, net lease, high occupancy.
    Where is this individual retail property located?
    The property is located at 3800 Brookshire Blvd Charlotte, NC.
    What is the asking price?
    The asking price for this property is $1,650,000.
    Request Owner's contact information
    3800 Brookshire Blvd Charlotte, NC 28216
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    Charlotte, NC 28216
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    Realmo Value Estimation

    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.

    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.

    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
    3800 Brookshire Blvd Charlotte, NC 28216
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