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11523 Carolina Place Pky 22,000 SF 100% Leased Retail Building Pineville, NC 28134 $6,200,000 ($281.82/SF) 7.17% Cap Rate
Executive Summary
Recent Price Improvement to 7.15% cap rate. This prime Pineville Charlotte retail investment property offers a quality tenant mix with future upside in well maintained building. Excellent corner lot location at intersection of Park Road and Carolina Place Parkway. Building constructed in 2001 and monument/marquee signage available. Roof has been replaced and center is fully leased out mostly with long-term leases in place.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
22,000 SF
Building Class
B
Year Built
2001
Price
$6,200,000
Price Per SF
$281.82
Cap Rate
7.17%
NOI
$444,640
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.38
Lot Size
1.32 AC
Zoning
B4 - Heavy Business Zoning
Parking
76 Spaces (3.45 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Cozy Kids
- Retailer
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99,999 SF
-
$9.99
- -
-
Jan 0000
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- Retailer
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99,999 SF
-
$9.99
- -
-
Jan 0000
Mattress Firm began in 1986 as a mattress retailer and grew from a small set of stores into a nationwide specialty chain. The company sells mattresses, beds, adjustable bases, bedding, and sleep accessories through stores and online. Mattress Firm employs trained Sleep Experts to help customers choose products across major mattress brands and its own Sleepy's label. Mattress Firm operates as a family of brands focused on sleep products and services for household shoppers across the United States.
- Plaza Appliance Mart
- Retailer
- -
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$9.99
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Lorem Ipsum
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Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Cozy Kids | Retailer | 99,999 SF | $9.99 | - | Jan 0000 | |
|
|
Retailer | 99,999 SF | $9.99 | - | Jan 0000 | |
| Plaza Appliance Mart | Retailer | - | $9.99 | Lorem Ipsum | Jan 0000 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 221-512-09 | Improvements Assessment | $3,288,300 |
| Land Assessment | $1,875,600 | Total Assessment | $5,163,900 |
Property Taxes
Parcel Number
221-512-09
Land Assessment
$1,875,600
Improvements Assessment
$3,288,300
Total Assessment
$5,163,900
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
11523 Carolina Place Pky