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5220-5304 Sunset Rd
Charlotte, NC 28269
Sunset Crossing Shopping Center · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Building Size
57,850 SF
Building Class
B
Year Built
1987
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.04
Lot Size
30.00 AC
Zoning
B1SCD
Parking
465 Spaces (8.04 Spaces per 1,000 SF Leased)
Frontage
216’ on Statesville Rd

AMENITIES

  • Bus Line
  • Freeway Visibility
  • Pylon Sign
  • Signage

ABOUT 5220-5304 SUNSET RD , CHARLOTTE, NC 28269

Franklin Street is proud to present Sunset Crossing a 57,850-SF Just Save Foods-anchored retail center in Charlotte, North Carolina. Charlotte is the 16th largest city in the U.S. with 2.5 million residents within the metropolitan area. Just Save Foods opened in 2013 and their lease is guaranteed by Alex Lee Inc., the guarantor of Lowes Foods. This privately held family business is a diversified holding company with three primary food distribution and retail operating companies servicing North and South Carolina, Virginia, West Virginia, Georgia, Alabama, Florida, Tennessee, Ohio, Pennsylvania and Kentucky. The two primary operating companies are Merchants Distributors (wholesale grocery distributor) and Lowes Foods, LLC (grocery retailer with over 100 stores). The center benefits from a mixture of national, regional, and local tenants that service the surrounding area. Additionally, Sunset Road is very well traveled with 31,000± VPD passing by the center. In addition, the seller owns 26.61 acres next to the property that can be purchased as well. The site has zoning to build up to 308,400 SF of retail. Charlotte has become a major U.S. financial center, and is now the second largest banking center in the United States after New York City. Nicknamed the Queen City, Charlotte and its resident county are named in honor of Charlotte of Mecklenburg-Strelitz, the queen consort of British King George III during the time of the city's founding. Charlotte is home to the Carolina Panthers of the NFL, the Charlotte Bobcats of the NBA, the NASCAR Hall of Fame and the U.S. National Whitewater Center. A number of notable universities and colleges are based in Charlotte such as Johnson & Wales University, Queens University of Charlotte, Johnson C. Smith University, Charlotte School of Law, York Technical College, Clinton Junior College, Winthrop University and University of North Carolina at Charlotte. Charlotte has won numerous awards for being one of the fastest growing cities and one of the best cities for business.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
041-242-09
Land Assessment
$1,952,500
Improvements Assessment
$5,122,500
Total Assessment
$7,075,000
  • Listing ID: 6062507

  • Date on Market: 3/1/2017

  • Last Updated:

  • Address: 5220-5304 Sunset Rd, Charlotte, NC 28269

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