Shopping Strip
5105 Reagan Drive
5105 Reagan Dr, Charlotte, NC 28206
Listing Price: $2,400,000
Cap Rate
7.12%
Gross SF
10,149
Rentable SF
10,149
Price/Gross SF
$236.48
Lot Size
1.08 acres
Year Built
1994
Investment Overview
Marcus & Millichap is pleased to present for sale a 10,149 square foot retail/flex building located in Charlotte, North Carolina.
5105 Reagan Drive
Investment Highlights
- 10,149 Square Foot Multi-Tenant Retail/Flex Building
- Flex Space: One (1) Unit Offers a Drive-In Bay With Roll Up Door
- Recent Upgrades and Renovations | $250,000 Invested In Renovating 14 Office Spaces
- Security Features Include Gated Parking Lot With A Surveillance System
- New HVAC Ductwork Installed
- Light Value-Add Opportunity | Potential to Fill Vacant Units and Convert Existing Gross Leases to NNN
- Versatile Space | Renovated Units With Tile Floors And Chandeliers, Suitable For Event Space Or Flex Use
- Opportunity Zone | Located within the Northeast Corridor Infrastructure Program (NECI) | $105.6 Million Project Aimed At Implementing Station Area Plans Along The Blue Line Extension
Listing Price: $2,400,000
Cap Rate
7.12%
Gross SF
10,149
Rentable SF
10,149
Price/Gross SF
$236.48
Lot Size
1.08 acres
Year Built
1994
Investment Highlights
- 10,149 Square Foot Multi-Tenant Retail/Flex Building
- Flex Space: One (1) Unit Offers a Drive-In Bay With Roll Up Door
- Recent Upgrades and Renovations | $250,000 Invested In Renovating 14 Office Spaces
- Security Features Include Gated Parking Lot With A Surveillance System
- New HVAC Ductwork Installed
- Light Value-Add Opportunity | Potential to Fill Vacant Units and Convert Existing Gross Leases to NNN
- Versatile Space | Renovated Units With Tile Floors And Chandeliers, Suitable For Event Space Or Flex Use
- Opportunity Zone | Located within the Northeast Corridor Infrastructure Program (NECI) | $105.6 Million Project Aimed At Implementing Station Area Plans Along The Blue Line Extension
Investment Overview
Marcus & Millichap is pleased to present for sale a 10,149 square foot retail/flex building located in Charlotte, North Carolina.
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