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5926-5940 N Tryon St
Charlotte, NC 28213
Retail / Warehouse Space · Industrial Property For Sale
Investment Highlights
- 10,670 SF
- Prime University City location with direct access to N. Tryon Street, I-85, I-485, and Uptown Charlotte.
- Below-market in-place rents and contractual rent escalations provide significant embedded NOI growth potential.
Executive Summary
5926–5940 N. Tryon Street is a 10,670 SF multi-tenant flex asset situated on 1.04 acres in Charlotte's highly desirable University City submarket.
The property is providing stable in-place cash flow with limited tenant concentration and a 2.5-year weighted average lease term. Investors benefit from below-market in-place rents, contractual rent escalations, and opportunities to increase operating expense recoveries as leases roll, creating a clear path to organic NOI growth.
Located along the N. Tryon corridor with approximately 29,500 VPD, the asset offers excellent access to Uptown Charlotte, University City, I-85, I-485, and Charlotte Douglas International Airport.
The property is providing stable in-place cash flow with limited tenant concentration and a 2.5-year weighted average lease term. Investors benefit from below-market in-place rents, contractual rent escalations, and opportunities to increase operating expense recoveries as leases roll, creating a clear path to organic NOI growth.
Located along the N. Tryon corridor with approximately 29,500 VPD, the asset offers excellent access to Uptown Charlotte, University City, I-85, I-485, and Charlotte Douglas International Airport.
Property Facts
| Sale Type | Investment | Rentable Building Area | 10,670 SF |
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Warehouse | Year Built | 1975 |
| Building Class | C | Parking Ratio | 1.78/1,000 SF |
| Lot Size | 1.04 AC | No. Dock-High Doors/Loading | 7 |
| Zoning | ML-2 - Light Manufacturing | ||
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.04 AC |
| Rentable Building Area | 10,670 SF |
| No. Stories | 1 |
| Year Built | 1975 |
| Parking Ratio | 1.78/1,000 SF |
| No. Dock-High Doors/Loading | 7 |
| Zoning | ML-2 - Light Manufacturing |
Amenities
- 24 Hour Access
- Fenced Lot
- Front Loading
- Shallow Bay
- Air Conditioning
Property Taxes
| Parcel Number | 049-021-02 | Improvements Assessment | $22,000 |
| Land Assessment | $815,400 | Total Assessment | $837,400 |
Property Taxes
Parcel Number
049-021-02
Land Assessment
$815,400
Improvements Assessment
$22,000
Total Assessment
$837,400
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