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    Property profile & analytics
    OFF-MARKET Estimated value $10,805,000
    Strip malls

    9605 Tryon St, Charlotte, NC 28262-8482

    66,312 SF 7.83 ac lot Built 2000
    Entity Owned 3-yr Hold Absentee Owner Free & Clear
    Property ID
    US53-5759108
    Property summary
    AI-generated overview

    This exceptional 48,435 square foot retail property, located at 9605 N Tryon St in Charlotte, NC (zip code 28262), is a thriving, fully leased strip center in Mecklenburg County. Currently boasting a diverse mix of tenants, this center is strategically positioned within Charlotte's vibrant University City neighborhood. The property's prime location on North Tryon Street ensures high visibility and accessibility. A significant enhancement is planned with a new ALDI Foods anchor store slated to open in the third quarter of 2024, further boosting the center's appeal and attracting a wider customer base. The center's current occupancy is 100%, reflecting its strong tenant roster and desirable location. While currently fully leased, this property presents a compelling investment opportunity due to its established success and the upcoming addition of a major grocery anchor. The property's size and tenant mix make it an attractive option for investors seeking a stable and growing retail investment in a high-demand area. This is a rare opportunity to acquire a well-established, fully occupied retail center in a prime location with significant future growth potential.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 2000
    Total area 66,312 SF
    Lot 7.83 ac (340,944 SF)
    Zoning code B2
    APN 4719102
    UPID US53-5759108
    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
    • Best Steamer Carpet Cleaning Service Floor Refinishing Service
    • SoulBeautiful Skin Hair Salon Nail Salon
    • Lucky You & Suites Hair Salon
    • Just Gorgeous Braids LLC Hair Salon
    • Sunkissed Hair Plus Hair Salon
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $10.81M
    Owner & transaction history
    Aldi N C LLC · 3 yrs held
    Aldi N C LLC
    since 2023
    7 recorded transactions
    2023
    2019
    $12.3M
    2014
    2014
    $8.2M
    2013
    $8.0M
    2006
    $15.6M
    2005
    $15.7M
    Zoning & alternative use
    B2 · Charlotte, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
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