3730 Brookshire Blvd Charlotte, NC 28216
- Retail space
- 3,864 SF
- 0.89 lot acres
Current Use by Public Records
- Bid-N-Win / Auction House
Property Details for 3730 Brookshire Blvd
- Year built
- 1977
- Lot size
- 0.89 lot acres
- Property size
- 3,864 SF
- Zone code
- B-1
- Property type
- Retail space
- APN
- 3901413
- APU
- 3901413
Description
This exceptional investment opportunity presents a 3,900 square foot freestanding brick storefront building situated on a prominent 0.9-acre corner lot in Charlotte, North Carolina. Located at the intersection of I-85 and Brookshire Boulevard (NC 16 Hwy), this property boasts unparalleled visibility and accessibility. Built in 1977 and renovated in 2018 and 2020, the building is classified as Class B and features a drive-thru, ample parking, and a single tenant currently occupying the space at 100% occupancy under a NNN lease with approximately 2 years remaining. The lease terms are negotiable. The property is zoned B-1, allowing for a variety of retail uses. Previously utilized as a pawnshop and sweepstakes business, this versatile space offers significant potential for future development. The asking price is $1,750,000, representing a 6.00% cap rate. This location offers convenient access to the Charlotte Central Business District and I-77, making it an ideal investment for discerning buyers seeking a high-return property in a thriving market. The property's parcel number is 039-014-13. The total building square footage is 4,272 square feet. This is a corporate ownership opportunity.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Charlotte
- County
- Mecklenburg
- State
- North Carolina
- Longitude
- -80.879
- Latitude
- 35.2632
- CBSA code
- 16740
- CBSA name
- CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA