3061 N Sharon Amity Rd
Charlotte, NC 28205
The Plaza · Retail Property For Sale

RTP Capital Advisors is pleased to present The Plaza, a 100% occupied retail strip center with NNN leases located in Charlotte, the largest city in North Carolina. The Plaza is located on a signalized hard corner at the intersection of N Sharon Amity Rd and Albemarle Rd with prominent signage and visibility. Anchored by Office Depot, The Plaza offers investors significant value-add opportunities with potential rent growth and additional expansion space available. Just half a mile west of the subject property is US Route 74 / Independence Blvd (53,000 VPD), a major roadway connecting east Charlotte to the Uptown district, Interstates 277 and 485, and more. The Plaza features a diverse tenant mix anchored by Office Depot, a leading supplier of business services and products, as well as MetroPCS, T-Mobile’s prepaid services arm. Charlotte has been lauded as one of the best places for business in the entire country and is one of the largest banking centers in the US with companies such as Bank of America, BB&T, Duke Energy, and more located here. In addition, Charlotte’s metro area population is expected to grow by 47% by 2030, which will directly and positively impact East Charlotte’s population and future development growth. The Plaza offers investors the opportunity to purchase a 100% occupied, NNN leased strip center within one of the fastest growing MSA’s in the nation. RTP Capital Advisors is pleased to offer this investment opportunity at a price of $2,359,000, representing a 7.50% cap rate.