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Vacant-User

2504-2510 W Sugar Creek Rd

2504 W Sugar Creek Rd, Charlotte, NC 28262

Listing Price: $2,250,000

Cap Rate
6.40%
Gross SF
5,949
Rentable SF
5,949
Price/Gross SF
$378.21
Lot Size
0.40 acres
Year Built
1925

Investment Overview

Marcus & Millichap is proud to present this multi-tenant retail shopping strip in Charlotte, NC. Located in one of the city's hottest zip codes, the property benefits from substantial development and growth that is attracting many to the area.

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 decay ing
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 lands cape
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

  • Direct frontage on W Sugar Creek Rd (Traffic Count: 25k VPD)
  • Close Proximity to proposed LYNX Light Rail - Red Line
  • Approximately 160 townhouse project less than quarter mile from property
  • Over 600k in renovations to nearly 6,000 sq ft multi-tenant retail building (New Roof, HVAC, Electrical)

Exclusively Listed By

Financing By

Vacant-User

2504-2510 W Sugar Creek Rd

Listing Price: $2,250,000

Cap Rate
6.40%
Gross SF
5,949
Rentable SF
5,949
Price/Gross SF
$378.21
Lot Size
0.40 acres
Year Built
1925

Investment Highlights

  • Direct frontage on W Sugar Creek Rd (Traffic Count: 25k VPD)
  • Close Proximity to proposed LYNX Light Rail - Red Line
  • Approximately 160 townhouse project less than quarter mile from property
  • Over 600k in renovations to nearly 6,000 sq ft multi-tenant retail building (New Roof, HVAC, Electrical)

Investment Overview

Marcus & Millichap is proud to present this multi-tenant retail shopping strip in Charlotte, NC. Located in one of the city's hottest zip codes, the property benefits from substantial development and growth that is attracting many to the area. 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 decay ing 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 lands cape 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

Financing By

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