5300 E Independence Blvd - Freestanding FOR SALE


Charlotte, NC 28212
$2,000,000 USD
704-390-7136
5300 E Independence Blvd, Charlotte, NC for Sale
$2,000,000 USD
Freestanding - FOR SALE
1/2
null | Request Cap Rate

5300 E Independence Blvd
Charlotte, NC 28212


HIGHLIGHTS

  • Direct access to Independence Blvd. & MoRA Point Shopping Center.
  • Estimated 70k vpd traffic counts along E Independence.
  • Neighboring Tenants include Aldi, Starbucks, Verizon, 7 Eleven, Five Guys, Chipotle, Supercuts, Solarshine Carwash, ABC Store & Iora Health.

OVERVIEW

5300 E Independence presents both an adaptive reuse or redevelopment opportunity with direct access into MoRA Point Shopping Center located at the corner of Monroe and Idlewild Roads. The property has been included into the shopping center’s covenants, affording the opportunity for stormwater connection and additional signage on four pylon signs along Idlewild, Monroe and E Independence, in addition to the existing pylon sign on the site. Nearby retailers include Arby’s, Starbucks, Five Guys, Aldi, Chipotle, 7 Eleven, Version, Supercuts, Iora Health, Halal Street Food, SolarShine Express Carwash and the ABC Store. Estimated traffic counts are 58,500 vpd along E Independence, 28,500 vpd on Monroe at Long Ave and 17,400 vpd at the Monroe and Idlewild intersection. Please call with questions.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$104 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

The Frame Warehouse

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

1.15 AC

LAND SF

50,094 SF

ZONING

GC

APN/PARCEL ID

163-032-27

ASK ABOUT THIS PROPERTY

Sink KimmelSelwyn Property GroupMore Info
704-390-7136

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Sink KimmelSelwyn Property GroupMore Info
704-390-7136

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.