2801 Sugar Creek Rd, Charlotte, NC 28262
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.
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Maria's Grill Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.