Piper Glen Plaza 5105-5107 Piper Station Dr 15,360 SF 100% Leased Retail Building Charlotte, NC 28277 $7,607,000 ($495.25/SF) 6.30% Cap Rate

Piper Glen Plaza represents a rare opportunity to acquire a fully stabilized retail shopping center located in one of Charlotte’s most affluent and high traffic commercial destinations. The center features a strong, diversified tenant mix spanning medical (including a 25-year-established animal hospital and a wellness clinic), personal services (beauty salon, dry-cleaner, and nail salon), education, and experiential uses (children’s tutoring and a dance studio)—all of which drive consistent foot traffic and long-term,
service-based demand. This family-owned asset is strategically positioned in the heart of the Piper Glen submarket, a thriving suburban community recognized for its exceptional demographics, high household incomes, and a highly regarded commercial corridor. The property benefits from strong population density, excellent visibility, and seamless access to major commuter roads and nearby highways, supporting sustained consumer traffic and tenant performance. With zero vacancies, abundant parking, above-standard parking ratios, minimal tenant turnover, below-market lease rates, and historically strong occupancy, Piper Glen Plaza offers investors a compelling combination of stability, cash flow reliability, and embedded rental rate upside. The center’s location, performance history, and operational profile position it as a durable, necessity-driven retail asset in one of Charlotte’s most sought after trade areas.
Piper Glen Plaza is a premier investment offering within one of North Carolina’s most dynamic suburban retail markets, delivering long-term income security alongside meaningful value-add potential through future lease mark-to-market opportunities.