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7511 E Independence Blvd 9,900 SF Retail Building Charlotte, NC 28227 $2,495,000 ($252.02/SF)

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INVESTMENT HIGHLIGHTS

  • Located on highly traveled highway 74
  • Adjacent to Independence Square (anchored by Super G Mart, Harbor Freight Tools and Rugged Wearhouse)

EXECUTIVE SUMMARY

Located along E. Independence Blvd, this +/- 8,784 SF retail space is for sale adjacent to Independence Square (anchored by Super G Mart, Harbor Freight Tools and Rugged Wearhouse). The building is located on a highly traveled highway and is owner occupied by Formula One Imports, a high-end automotive sales and service business.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
9,900 SF
Building Class
C
Year Built/Renovated
1981/2017
Price
$2,495,000
Price Per SF
$252.02
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.25 AC
Zoning
B2
Parking
46 Spaces (7.67 Spaces per 1,000 SF Leased)
Frontage
93’ on Independence Blvd

AMENITIES

  • Bus Line
  • Freeway Visibility
  • Pylon Sign
  • Signage

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Formula One Imports
  • -
  • 9,900 SF
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Formula One Imports - 9,900 SF - -

NEARBY MAJOR RETAILERS

Bank of America
Waffle House
Chili's Grill & Bar

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
165-161-23
Land Assessment
$1,128,000
Improvements Assessment
$802,200
Total Assessment
$1,930,200
  • Listing ID: 16965206

  • Date on Market: 8/19/2019

  • Last Updated:

  • Address: 7511 E Independence Blvd, Charlotte, NC 28227

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