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    OFF-MARKET
    Retail properties & Spaces

    0 Charlotte Nc, Charlotte, NC 28262

    16,000 SF
    Property ID
    Property summary
    AI-generated overview

    Exceptional medical office space available for lease at The Shops at Resource Square in Charlotte's University City. This development comprises two buildings totaling 16,000 square feet, offering flexible suites ranging from 1,500 to 8,900 contiguous square feet; 12,650 square feet are currently vacant. Ideally situated at the main entrance to University Research Park, at the signalized intersection of West Mallard Creek Church Road and David Taylor Drive, the property benefits from high visibility and significant traffic counts (19,000 vehicles per day on West Mallard Creek Church Road). The location boasts a strong daytime population of over 35,000 employees within the immediate area, and a high average household income of $104,456 within a one-mile radius. Ample parking is available with 155 spaces plus shared parking. Building A offers up to approximately 3,750 square feet, while Building B provides options from approximately 1,500 to 8,900 square feet. The property is zoned RE-3 (O) and features 1,300 square feet of frontage on Mallard Creek Church Road. The property is conveniently located across the street from major employers and traffic generators, including Harris Teeter and The Fresh Market. Projected delivery is late Q2 2025. This is an excellent opportunity for medical practices seeking a high-traffic, high-visibility location in a thriving area.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 16,000 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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