PAWTUCKETT SHOPPING CENTER
7917 Moores Chapel Rd, Charlotte, NC 28214
PRICE $2,495,000
GLA 46,486 SF
PROPERTY TYPE Shopping Center
CAP RATE 9.8%
OCCUPANCY 93%
YEAR BUILT 1978
7917 Moores Chapel Rd, Charlotte, NC 28214
PRICE $2,495,000
GLA 46,486 SF
PROPERTY TYPE Shopping Center
CAP RATE 9.8%
OCCUPANCY 93%
YEAR BUILT 1978
DEMOGRAPHICS
Total Population
1 – mi. – 6,420
3 – mi. – 47,458
5 – mi. – 109,828
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INVESTMENT HIGHLIGHTS
- Well established retail strip center with long term and newly placed tenants
- Stable Investment – Consistent occupancy rates
- Anchored by a regional discount furniture chain with 7 locations throughout North Carolina
- Credit Tenancy – tenants include Dollar General and Metro PCS
- NNN leases in-place
- Value-Add Opportunity – 2 vacant units (1,097 SF and 1,800 SF)
- 258 Parking Spaces
- Great Visibility – Located at the intersection of Little Rock Rd., Moore’s Chapel Rd, and Freedom Dr.
- Location – 7.8 miles from downtown Charlotte and 1.6 miles from I-485
| City: | Charlotte |
| State: | NC |
| Square Feet: | 46,486 SF |
| Price: | $2,495,000 |
| Cap Rate: | 9.8% |