Shopping Strip
Shoppes at the Park
15425 Hodges Cir, Huntersville, NC 28078
Listing Price: $3,700,000
Investment Overview
100% Occupied Three-Tenant Retail Strip | Built in 2017 | Located in Affluent, High- Growth Charlotte Suburb. Modern Construction & Efficient Design | Masonry Build with TPO Roof, Rooftop HVAC Units, and 5.6:1,000 Parking Ratio. High-Traffic Corner Location | I-77 (106,472 VPD) and Gilead Road (21,170 VPD) Frontage. Strong Demographics | $127,900 AHHI in 3-Mile Radius | Projected 6% Population Growth by 2029. Charlotte: One of the Fastest Growing MSAs in the U.S. | 2.9M+ Residents | 7 Fortune 500 Headquarters.
Shoppes at the Park
Investment Highlights
- 100% Occupied Three-Tenant Retail Strip | Built in 2017 | Located in Affluent, High- Growth Charlotte Suburb
- All Tenants on NNN Leases with Minimal Landlord Responsibilities
- Stable Cash Flow with Embedded Growth | Fixed Rental Increases and Renewal Options Across Tenants
- Weighted Average Lease Term Remaining Over 3 Years | Multiple Renewal Options in Place
- Attractive Tenant Mix | City Barbeque (70+ Units), Waxing the City (150+ Locations), and U.S. Army (Government-Backed)
- Modern Construction & Efficient Design | Masonry Build with TPO Roof, Rooftop HVAC Units, and 5.6:1,000 Parking Ratio
- Favorable Real Estate Tax Environment | Effective Tax Rate of 0.71%
- Ease of Management | Only Three Tenants, All with Reimbursement Clauses, Ideal for Passive Investors
Listing Price: $3,700,000
Investment Highlights
- 100% Occupied Three-Tenant Retail Strip | Built in 2017 | Located in Affluent, High- Growth Charlotte Suburb
- All Tenants on NNN Leases with Minimal Landlord Responsibilities
- Stable Cash Flow with Embedded Growth | Fixed Rental Increases and Renewal Options Across Tenants
- Weighted Average Lease Term Remaining Over 3 Years | Multiple Renewal Options in Place
- Attractive Tenant Mix | City Barbeque (70+ Units), Waxing the City (150+ Locations), and U.S. Army (Government-Backed)
- Modern Construction & Efficient Design | Masonry Build with TPO Roof, Rooftop HVAC Units, and 5.6:1,000 Parking Ratio
- Favorable Real Estate Tax Environment | Effective Tax Rate of 0.71%
- Ease of Management | Only Three Tenants, All with Reimbursement Clauses, Ideal for Passive Investors
Investment Overview
100% Occupied Three-Tenant Retail Strip | Built in 2017 | Located in Affluent, High- Growth Charlotte Suburb. Modern Construction & Efficient Design | Masonry Build with TPO Roof, Rooftop HVAC Units, and 5.6:1,000 Parking Ratio. High-Traffic Corner Location | I-77 (106,472 VPD) and Gilead Road (21,170 VPD) Frontage. Strong Demographics | $127,900 AHHI in 3-Mile Radius | Projected 6% Population Growth by 2029. Charlotte: One of the Fastest Growing MSAs in the U.S. | 2.9M+ Residents | 7 Fortune 500 Headquarters.
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