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Retail

350 E Sugar Creek Rd - Corner Parcel/Re-Development Opportunity

350 E Sugar Creek Rd, Charlotte, NC 28213

Listing Price: $2,900,000

Lot Size
0.71 acres
Price/Acre
$4,084,507
Land Type
Land

Investment Overview

Marcus & Millichap is proud to present 0.7 AC of Commercial Land zoned for Transit
Oriented Development (TOD) in Charlotte, North Carolina.

In the rapidly growing city of Charlotte, where more than 115 transplants are moving
every day, the urban core continues its ripple outward. Previously neglected or decaying
industrial “no man’s land” is now emerging as prime real estate, and the new frontier for
adventurous residents, businesses and urban explorers.

This positions the Sugar Creek area as the next frontier. Like Plaza Midwood, South End
and NoDa, the area is ripe for revival, adaptation and discovery. Or more accurately,
rediscovery. For centuries, beginning with early settlers attracted by the fertile landscape
and creek, through the construction of churches and shopping centers and
neighborhoods, and even fairgrounds that hosted early NASCAR races, Sugar Creek has
been a draw -- a place to gather and build community.

Investment Highlights

  • Corner Parcel adjacent to future developments with heavy density & traffic
  • Approximately 1600 new multifamily apartment units and townhomes approved or under construction within 1.5 miles of site, with nearly half (720 units) located less than 0.5 miles.
  • 0.2 miles from Sugar Creek Station (Light Rail - LYNX Blue Line)
  • Situated near recently approved LYNX Red Line (between proposed Gateway Station and Derita Station), which will connect Uptown Charlotte to Lake Norman communities (Davidson, Cornelius, etc.)

Exclusively Listed By

Retail

350 E Sugar Creek Rd - Corner Parcel/Re-Development Opportunity

Listing Price: $2,900,000

Lot Size
0.71 acres
Price/Acre
$4,084,507
Land Type
Land

Investment Highlights

  • Corner Parcel adjacent to future developments with heavy density & traffic
  • Approximately 1600 new multifamily apartment units and townhomes approved or under construction within 1.5 miles of site, with nearly half (720 units) located less than 0.5 miles.
  • 0.2 miles from Sugar Creek Station (Light Rail - LYNX Blue Line)
  • Situated near recently approved LYNX Red Line (between proposed Gateway Station and Derita Station), which will connect Uptown Charlotte to Lake Norman communities (Davidson, Cornelius, etc.)

Investment Overview

Marcus & Millichap is proud to present 0.7 AC of Commercial Land zoned for Transit Oriented Development (TOD) in Charlotte, North Carolina. In the rapidly growing city of Charlotte, where more than 115 transplants are moving every day, the urban core continues its ripple outward. Previously neglected or decaying industrial “no man’s land” is now emerging as prime real estate, and the new frontier for adventurous residents, businesses and urban explorers. This positions the Sugar Creek area as the next frontier. Like Plaza Midwood, South End and NoDa, the area is ripe for revival, adaptation and discovery. Or more accurately, rediscovery. For centuries, beginning with early settlers attracted by the fertile landscape and creek, through the construction of churches and shopping centers and neighborhoods, and even fairgrounds that hosted early NASCAR races, Sugar Creek has been a draw -- a place to gather and build community.

Exclusively Listed By

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