Property profile

310 Trade St Charlotte, NC 28202

OFF-MARKET
Strip malls
Property ID
US53-1718534
33,548 SF 2.56 ac lot Built 1995
Entity Owned 11-yr Hold Free & Clear
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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

Current use

Occupant on record · Public records
  • Restaurant
  • Travel Agency Tour Operator
  • City Government Office
  • Mobile Phone Store Electronics & Wireless Store
  • Mobile Phone Store Electronics & Wireless Store

Location

310 Trade St Charlotte, NC 28202-2596
Charlotte metro Census 101 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$7.05M

Owner & transaction history

since 2014
2 recorded transactions
2014
Price N/A
1995
Price N/A

Zoning & alternative use

UMUD-O · Charlotte, NC
Zoning description

The uptown mixed use district permits and encourages the coordinated development of retail and wholesale trade; business, professional and financial services, offices, hotels, convention and conference centers, merchandi…

General category MIXED_USE
Top alternative use upside
Retail stores $10.9M +8.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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