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    8711 University Dr Charlotte, NC 28213

    For Lease
    Contact for pricing

    Prime retail space, 44,941 sq ft available.

    Lot size:
    118,056 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional retail property, located at 8711 University East Drive in Charlotte, NC, 28213, offers a significant leasing opportunity. The 118,056 square foot strip center boasts a prominent corner location at the intersection of University East Drive and Back Creek Drive, ensuring high visibility and accessibility. Currently, 44,941 square feet of retail space is available for lease, providing ample room for expansion or relocation. The property features convenient on-site parking with over 40 spaces, catering to both tenants and customers. Situated in a well-established area of Charlotte, this retail center benefits from its location near the heart of the city's business district. The building enjoys landmark recognition and offers captivating signage opportunities, enhancing brand visibility. This established retail center presents a unique chance to become part of a thriving Charlotte community. The available space is highly adaptable and suitable for a variety of retail uses. The property's prime location and ample parking make it an attractive option for businesses seeking to establish or expand their presence in a high-traffic area. This is an exceptional opportunity to secure a prominent retail space in a dynamic and growing market.

    Property Features for 8711 University Dr

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    118,056 SF

    Unit(s) available at that property

    Space
    Suite 100A
    Size
    44,941 SF

    HighLights

    • Lease Rate: Highly Competitive, Negotiable
    • 50,000 Square Feet Available for Lease
    • 118,056 Square Foot Building
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    TZ Insurance Solutions ... Marketing Agency WTW (Willis Towers ... Business Management Consultant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Charlotte
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.7299303
    Latitude
    35.2855697

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    FAQs

    What type of property is this?
    Neighborhood center - Prime retail space, 44,941 sq ft available.
    Where is this neighborhood center located?
    The property is located at 8711 University Dr Charlotte, NC.
    What are key features of this property?
    This property features: Lease Rate: Highly Competitive, Negotiable; 50,000 Square Feet Available for Lease; 118,056 Square Foot Building
    Request Owner's contact information
    8711 University Dr Charlotte, NC 28213
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    Charlotte, NC 28213
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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
    8711 University Dr Charlotte, NC 28213
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