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    FOR LEASE
    Grocery and convenience stores

    5226 E Independence Blvd, Charlotte, NC 28212

    2,266 SF 0.99 ac lot Built 2020
    Entity Owned 5-yr Hold Free & Clear
    Property ID
    US53-4701433
    Property summary
    AI-generated overview

    This exceptional 2,266 square foot retail space, located at 5226 E Independence Blvd in Charlotte, NC, presents a unique opportunity for businesses seeking a prominent location. Built in 2020, this Class B property boasts a spacious layout ideal for a variety of retail uses. The entire building is currently vacant, offering immediate occupancy for a single tenant or the potential for multiple tenants. Situated on a generous 0.99-acre lot, the property provides ample space for customer parking and potential expansion. The address, 5226 E Independence Blvd, places the property in a high-traffic area of Charlotte, within Mecklenburg County, ensuring excellent visibility and accessibility. The property's 2020 construction ensures modern amenities and efficient design. This is a street retail space, offering direct street frontage and high visibility for maximum customer engagement. The property is classified as a multi-tenant building, although currently fully vacant, presenting a blank canvas for a single large tenant or the opportunity to subdivide for multiple smaller businesses. This prime location in Charlotte, combined with the property's size and modern construction, makes it an attractive investment for discerning businesses. The property is zoned for commercial use. Contact us today to learn more about this exceptional retail opportunity.

    Property profile
    Verified
    Property type Grocery and convenience stores
    Use group CONVENIENCE STORE
    Year built 2020
    Total area 2,266 SF
    Lot 0.99 ac (43,018 SF)
    APN 16303258
    UPID US53-4701433
    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
    • Arby's Restaurant Take-out & Catering
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.54M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.45M
    Owner & transaction history
    Thomas Commercial Properties II LLC · 5 yrs held
    Thomas Commercial Properties II LLC
    since 2021
    Last sale
    $1.3M
    1 recorded transaction
    2021
    $1.3M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $1.6M +131.1%
    Medical building $915,000 +34.8%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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