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4409 N Tryon St 2,500 SF Retail Building Charlotte, NC 28213 For Sale
Investment Highlights
- Opportunity Zone
- Proximity to Transit
- Rare Infill Redevelopment Opportunity
- Strong Cash Flow
Executive Summary
4405 N Tryon Street presents a rare prime infill
redevelopment opportunity in Charlotte’s rapidly
evolving Sugar Creek submarket. Situated on
approximately 2.2 acres within a designated
Opportunity Zone, the property offers investors both
strong in-place income and significant
long-term upside. The site includes a 13,000+/-
square foot retail center, tire shop, and auto
dealership currently generating $368,000 in
annual NOI.
Surrounded by ongoing and planned multifamily
development, the property is well positioned to
benefit from the area’s continued residential growth
and urban densification. Located less than one mile
walking distance to the Sugar Creek Blue Line Light
Rail Station, the site’s close proximity to transit
potentially opens the door to the possibilities of
Transit Oriented Development- Neighborhood Center.
This offering combines stable cash flow with
compelling redevelopment optionality in a
high-demand transit-oriented location
redevelopment opportunity in Charlotte’s rapidly
evolving Sugar Creek submarket. Situated on
approximately 2.2 acres within a designated
Opportunity Zone, the property offers investors both
strong in-place income and significant
long-term upside. The site includes a 13,000+/-
square foot retail center, tire shop, and auto
dealership currently generating $368,000 in
annual NOI.
Surrounded by ongoing and planned multifamily
development, the property is well positioned to
benefit from the area’s continued residential growth
and urban densification. Located less than one mile
walking distance to the Sugar Creek Blue Line Light
Rail Station, the site’s close proximity to transit
potentially opens the door to the possibilities of
Transit Oriented Development- Neighborhood Center.
This offering combines stable cash flow with
compelling redevelopment optionality in a
high-demand transit-oriented location
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
2,500 SF
Building Class
C
Year Built
1963
NOI
$368,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
2.27 AC
Opportunity Zone
Yes
Zoning
B2
Parking
35 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
48’ on Tryon St
Amenities
- Bus Line
- Freeway Visibility
- Pylon Sign
- Signage
Nearby Major Retailers
Property Taxes
| Parcel Number | 089-014-15 | Improvements Assessment | $461,000 |
| Land Assessment | $954,900 | Total Assessment | $1,415,900 |
Property Taxes
Parcel Number
089-014-15
Land Assessment
$954,900
Improvements Assessment
$461,000
Total Assessment
$1,415,900
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4409 N Tryon St
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