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2201 W Arrowood Rd
Charlotte, NC 28217
NTB · Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Building Size
7,000 SF
Building Class
B
Year Built
2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.30 AC
Zoning
B
Parking
22 Spaces (3.06 Spaces per 1,000 SF Leased)
Frontage
223’ on Arrowood Rd
About 2201 W ARROWOOD RD , CHARLOTTE, NC 28217
This is an absolute NNN leased investment with TBC corporation as the guarantor the NTB (National Tire and Battery) full service auto center in Charlotte, North Carolina. The property is located on a prime retail corridor, adjacent Walgreen's and the Waffle House. Traffic counts on Arrowood exceed 24,000 cars a day and the main cross street of Tryon has traffic counts of 33,000 cars per day. Nearby national concepts include Walmart, Lowe's, Chili's, Bojangles and Shell gas station. This property provides an astute investor a high cap rate with a location and history and would indicate a very high likelihood of tenant lease extensions for decades to come.
Property Taxes
| Parcel Number | 203-011-08 | Improvements Assessment | $637,600 |
| Land Assessment | $902,700 | Total Assessment | $1,540,300 |
Property Taxes
Parcel Number
203-011-08
Land Assessment
$902,700
Improvements Assessment
$637,600
Total Assessment
$1,540,300
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