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10230 Berkeley Place Dr - Building 4 1,250 SF Retail Condo Unit Offered at $456,185 in Charlotte, NC 28262



INVESTMENT HIGHLIGHTS
- Prime retail investment in Charlotte’s University City submarket
- Diverse tenant mix including dining, healthcare, and professional services
- Located near UNC Charlotte and regional employment hubs
- Class A construction with modern storefront design
- Strong visibility and access to major roads with pedestrian-friendly surroundings
EXECUTIVE SUMMARY
Building 4 at Berkeley Place offers a prime retail investment opportunity in Charlotte’s dynamic University City submarket. Constructed in 2004, this Class A storefront retail and office property combines modern design with strong visibility in a high-traffic corridor. The site spans 0.42 acres and features a total building size of 9,893 square feet, with individual units averaging 1,250 square feet. Its strategic location provides convenient access to major thoroughfares and is surrounded by a vibrant mix of residential communities, retail centers, and service businesses, making it an attractive destination for both tenants and customers. The property boasts a diverse tenant roster, including restaurants, salons, healthcare providers, and professional services, ensuring stable occupancy and income potential. With a Walk Score of 63, the area supports pedestrian activity, while proximity to University of North Carolina at Charlotte and regional employers enhances customer traffic. This investment asset offers long-term upside in one of Charlotte’s fastest-growing areas.
PROPERTY FACTS
| Total Building Size | 20,601 SF | Floors | 2 |
| Property Type | Retail (Condo) | Typical Floor Size | 9,893 SF |
| Property Subtype | Storefront Retail/Office | Year Built | 2004 |
| Building Class | A | Lot Size | 0.42 AC |
| Zoning | CC - Commercial | ||
| Total Building Size | 20,601 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Office |
| Building Class | A |
| Floors | 2 |
| Typical Floor Size | 9,893 SF |
| Year Built | 2004 |
| Lot Size | 0.42 AC |
| Zoning | CC - Commercial |
AMENITIES
- Bus Line
- Signage
- Signalized Intersection
1 UNIT AVAILABLE
Unit 100
| Unit Size | 1,250 SF | Sale Type | Investment |
| Price | $456,185 | Cap Rate | 6.50% |
| Price Per SF | $364.95 | NOI | $29,652 |
| Condo Use | Retail |
| Unit Size | 1,250 SF |
| Price | $456,185 |
| Price Per SF | $364.95 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 6.50% |
| NOI | $29,652 |
DESCRIPTION
Leased Retail Condo, first floor. +-1250gsf. Currently leased thru 4/30/2027 to long term/strong tenant, use is Nail Salon. Open space plan.
SALE NOTES
Its strategic location provides convenient access to major thoroughfares and is surrounded by a vibrant mix of residential communities, retail centers, and service businesses, making it an attractive destination for both tenants and customers.
NEARBY MAJOR RETAILERS
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10230 Berkeley Place Dr - Building 4
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