10615 Twin Lakes Pkwy Charlotte, NC 28269

This exceptional 45,205 square foot retail property, renovated in 2024, is ideally situated on an 8.65-acre lot in Charlotte, NC's Northlake neighborhood. Boasting prominent highway visibility and adjacency to I-485 and I-77, this location benefits from its strategic "auto row" placement near other luxury dealerships, including Audi, Mercedes-Benz, BMW, and Lexus. The property features a new long-term lease with Tesla, providing a stable, investment-grade tenant. The site's strong demographics include a population exceeding 149,000 within a five-mile radius, with an average household income over $137,000, perfectly aligning with Tesla's target market. The Charlotte MSA boasts a population of 2,267,000, reflecting a 2.86% increase from 2022. Further enhancing the property's value is its proximity to Bryton Town Center, featuring a Walmart Supercenter, McDonald's, and other retail amenities. Adjacent land is slated for multi-family development, adding to the area's growth potential. The property offers significant parking capacity and a 5.75% cap rate. This is a rare opportunity to acquire a high-performing asset in a thriving market with a strong, creditworthy tenant. The address is 10615 Twin Lakes Pkwy, Charlotte, NC 28269.