6701 Old Monroe Rd - Storefront FOR SALE


Indian Trail, NC 28079
$4,500,000 USD
818-842-2100
6701 Old Monroe Rd, Indian Trail, NC for Sale
$4,500,000 USD
Storefront - FOR SALE
1/16
null | 6.2% Cap Rate

6701 Old Monroe Rd
Indian Trail, NC 28079


HIGHLIGHTS

  • 100% Occupied Strip Center
  • 5 Tenants Including National Tenants
  • Part of Sun Valley Commons Master-Planned Development
  • Good Visibility Along Old Monroe Road
  • Located Between Two Signalized Intersections
  • Charlotte MSA

OVERVIEW

The Shoppes at Sun Valley Commons is a 10,848 sf retail center that is part of the 250,000 sf Sun Valley Commons mixed-use development. The strip center is 100% occupied and includes national tenants Starbucks, Papa Johns, and AT&T. Located between two signalized intersections and surrounded by other major retailers including McDonalds, CVS, this property fronts Old Monroe Road with 19,500+ vehicles per day. Additional highlights include a drive-thru lane for Starbucks and 62 parking spaces (5.72 per 1,000 parking ratio) on the 1.52 acre site.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$430 USD /SF

CAP RATE

6.2%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Shoppes at Sun Valley Commons

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

62

LAND DETAILS

LAND ACRES

1.52 AC

LAND SF

66,211 SF

ZONING

B4

APN/PARCEL ID

07-090-006-D,07-090-006-t

ASK ABOUT THIS PROPERTY

Steve MarxCore Real Estate, Inc.More Info
818-842-2100

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Steve MarxCore Real Estate, Inc.More Info
818-842-2100

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