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Property profile & analytics
OFF-MARKET Estimated value $7,050,000
Strip malls

310 Trade St Charlotte, NC 28202-2596

33,548 SF 2.56 ac lot Built 1995
Entity Owned 11-yr Hold Free & Clear
Property ID
US53-1718534
Property summary
AI-generated overview

This exceptional retail opportunity is located in the vibrant Charlotte Transportation Center uptown. The property comprises a 1,246 square foot shopping center currently offering two vacant units for lease. Each unit is adaptable to a variety of retail uses, with a minimum divisible space of 316 square feet and a maximum contiguous space of 930 square feet. The property's previous tenants included well-known restaurant chains, Subway and Bojangles, indicating strong prior occupancy and foot traffic. The building is situated in Mecklenburg County, providing excellent access to a dense population and high volume of daily commuters. This prime location offers unparalleled visibility and accessibility, making it an ideal space for businesses seeking high-traffic exposure. The flexible space allows for customization to suit individual tenant needs. The property is currently entirely vacant, presenting a unique opportunity for a single tenant to occupy the entire space or for two separate businesses to establish themselves in a bustling urban environment. Interested parties should inquire for pricing and lease terms. This is a rare chance to secure a prominent retail presence in a high-demand location.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1995
Total area 33,548 SF
Lot 2.56 ac (111,339 SF)
Zoning code UMUD-O
APN 12501114
UPID US53-1718534
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
  • Burger King Restaurant
  • Transit Payment Center Travel Agency Tour Operator
  • Charlotte Car Pool/Vanpool City Government Office
  • Metro by T-Mobile Mobile Phone Store Electronics & Wireless Store
  • Boost Mobile Mobile Phone Store Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$7.05M
Owner & transaction history
City Of Charlotte · 11 yrs held
City Of Charlotte
since 2014
2 recorded transactions
2014
Price N/A
1995
Price N/A
Zoning & alternative use
UMUD-O · Charlotte, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $10.9M +8.4%
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