320 S Tryon St Charlotte, NC 28202
For Lease
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This exceptional mixed-use property, located at 320 S Tryon St in Charlotte, NC, presents a compelling investment opportunity. The 23,144 square foot, two-story building, constructed in 1914 and extensively renovated in 1986 and 2023, sits on a 0.428-acre lot. Currently boasting 86% occupancy with 16 tenants, including notable names like Chipotle and Potbelly, this multi-tenant property offers a diverse revenue stream. The property's prime location in Charlotte's Central Business District benefits from a strong surrounding employer base and proximity to major attractions like Bank of America Stadium, Spectrum Center, and Truist Field. With 3,201 square feet of available space and potential for percentage rent increases, this Core+ investment offers significant upside potential. The affluent surrounding neighborhood, with an average household income exceeding $150,000 within a one-mile radius, further enhances the property's long-term value. The property consists of 26 units across one building and features rent bumps. APN: 07302126A, 07302126B, 07302126C. This is a truly unique opportunity to acquire a trophy urban infill asset in a thriving market.
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Maneki Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
UMUD · Charlotte, NCCharlotte. Always verify with local authorities before improvements.
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.