Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Lifestyle centers

    2801 Sugar Creek Rd, Charlotte, NC 28262

    43,107 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a three-property retail portfolio totaling 43,107 square feet. The portfolio comprises three multi-tenant shopping centers, strategically located across high-growth areas in Charlotte, North Carolina, and Fort Mill, South Carolina. Currently operating at or near 100% occupancy, this value-add opportunity offers significant upside potential through immediate mark-to-market rent adjustments. The average in-place rental rate is substantially below market, promising a substantial increase in net operating income (NOI) within the first year. Flexible lease terms with near-term rollover or renewal options provide further flexibility for new ownership. Modified gross leases offer the potential for conversion to NNN leases upon renewal. The properties benefit from convenient access and high visibility, situated near major thoroughfares and experiencing steady population growth in surrounding areas. Each center is strategically positioned within thriving neighborhoods, with ongoing retail and residential development nearby. This portfolio is debt-free and priced below replacement cost, representing a compelling investment in a dynamic market with low vacancy rates and consistent year-over-year rental increases. The portfolio's location offers excellent connectivity to Charlotte's city center and benefits from high traffic counts. This is a rare opportunity to acquire a well-performing, multi-property retail portfolio with significant upside potential in a rapidly growing market. Addresses include 2801-2825 W Sugar Creek Rd and 2945 Derita Ave in Charlotte, NC, and 818 Tom Hall St in Fort Mill, SC.

    Property profile
    Verified
    Property type Lifestyle centers
    Total area 43,107 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
    Current use
    Occupant on record · Public records
    • Maria's Grill Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 2801 Sugar Creek Rd?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    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