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    FOR LEASE
    Grocery and convenience stores

    7323 E Independence Blvd, Charlotte, NC 28227

    119,243 SF 13.58 ac lot Built 1988
    Entity Owned 12-yr Hold Free & Clear
    Property ID
    US53-1436194
    Property summary
    AI-generated overview

    This exceptional retail opportunity is located at 7323 E Independence Blvd in Charlotte, Mecklenburg County, NC, zip code 28227. The property, known as Independence Square, is a single-suite retail building totaling 139,361 square feet. Currently, there is 2,106 square feet of vacant space available for lease. This prime location benefits from Charlotte's robust economic growth, consistently ranked among the nation's top destinations and boasting a rapidly expanding job market. With over 2.7 million residents in the metropolitan area, the location offers a large potential customer base. Charlotte's strategic location provides easy access to both the Appalachian Mountains and the Atlantic Ocean, enhancing its appeal as a desirable place to live and work. The city's convenient access to Charlotte Douglas International Airport, with over 700 daily nonstop flights to 165 destinations, further strengthens its connectivity and accessibility. This retail space presents a unique opportunity to establish or expand a business within a thriving and dynamic urban environment. The property's size and location make it ideal for a variety of retail uses. Serious inquiries are encouraged to explore this exceptional retail space.

    Property profile
    Verified
    Property type Grocery and convenience stores
    Use group GROCERY, SUPERMARKET
    Year built 1988
    Total area 119,243 SF
    Lot 13.58 ac (591,588 SF)
    Zoning code B1SCD
    APN 16516119
    UPID US53-1436194
    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
    • Korean Restaurant Restaurant
    • Honey Bun's Cafeteria Restaurant
    • Super G Mart Charlotte Specialty Food Shop Supermarket
    • Hong kong Bakery Bakery Specialty Food Shop
    • Redi Recreational Cannabis Dispensary (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $22.52M
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $17.29M
    Owner & transaction history
    Suso 2 Independence LP · 12 yrs held
    Suso 2 Independence LP
    since 2013
    5 recorded transactions
    2014
    2013
    $16.1M
    2011
    $8.5M
    1993
    $9.0M
    1969
    Zoning & alternative use
    B1SCD · Charlotte, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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