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The Arboretum Shopping Center 3333-3351 Pineville Matthews Rd 2,782 SF of Retail Space Available in Charlotte, NC 28226
HIGHLIGHTS
- The Arboretum is a 582,651-square-foot regional open-air shopping center surrounded by affluent residential neighborhoods and golf courses.
- Supported by high-end South Charlotte suburbs with an annual household income of $166,500 and $1.2 billion in total spending per year within 3 miles.
- Benefit from long-term consumer growth as the population within a 10-minute drive is projected to increase by 11% from 2025 to 2029.
- Anchored by major daily-use tenants, including Crunch Fitness, Walmart Supercenter, Petco, Michaels, Walgreens, and Harris Teeter.
- Ideally situated at the corner of two prominent thoroughfares, trafficked by an estimated 68,000 vehicles per day on average.
- American Asset Corp. also has development-ready outparcels available for ground lease. Inquire now to learn more.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground, Ste 150 | 2,782 SF | Negotiable | $58.15 CAD/SF/YR $4.85 CAD/SF/MO $161,771 CAD/YR $13,481 CAD/MO | Triple Net (NNN) |
8016-8022 Providence Rd - Ground - Ste 150
Restaurant opportunity formerly used by Noodles & Company.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Space is in Excellent Condition
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT THE ARBORETUM SHOPPING CENTER
- Barnes and Noble
- Firestone Complete Auto Care
- Oreck Clean Home Ctr
- Qdoba Mexican Eats
- Rack Room Shoes
- Tinder Box
PROPERTY FACTS
| Total Space Available | 2,782 SF | Frontage | |
| Center Type | Power Center | Gross Leasable Area | 544,509 SF |
| Parking | 374 Spaces | Total Land Area | 256.12 AC |
| Center Properties | 16 | Year Built | 1996 |
| Total Space Available | 2,782 SF |
| Center Type | Power Center |
| Parking | 374 Spaces |
| Center Properties | 16 |
| Frontage | |
| Gross Leasable Area | 544,509 SF |
| Total Land Area | 256.12 AC |
| Year Built | 1996 |
ABOUT THE PROPERTY
Secure a valuable position in one of the Charlotte region’s most prestigious open-air shopping centers and join the ranks of nearly 100 diverse retailers and restaurants. The Arboretum comprises 582,651 square feet of shopping, dining, entertainment, service, and leisure space at the high-traffic corner of Pineville-Mathews and Providence Roads. Tenants such as Harris Teeter, Walmart Supercenter, Crunch Fitness, and Petco anchor the center, adjoining smaller users like Chopt, Chick-fil-A, Walgreens, Chipotle, and Birkenstock. Having grocery and department store anchors, along with quick-service and food and beverage tenants, ensures steady traffic from a broad mix of consumers throughout the day. Suite 150, a 2,782-square-foot space, is currently offered for lease in a building shared by Hotworx, AT&T, The UPS Store, Lacrosse Unlimited, Gap & Gap Kids, and several eateries. The second-generation restaurant suite was formerly occupied by Noodles & Company, making this an easy takeover for businesses seeking a commercial kitchen and related infrastructure in place. Suite 150 also boasts a direct sightline from Pineville-Matthews Road, maximizing the visibility of storefront signage. With four country clubs less than 10 minutes from the center, it’s abundantly apparent that this is one of the wealthiest areas of the Charlotte market. The Arboretum is the preferred shopping destination for thousands of residents of prestigious communities, such as Providence Plantation and Southpark, providing businesses with direct access to the area’s most sought-after consumer pools. According to demographic estimates, the area’s rising affluence correlates with population growth, indicating long-term success for any new tenant at The Arboretum.
- Signage
DEMOGRAPHICS
Demographics
NEARBY MAJOR RETAILERS
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The Arboretum Shopping Center | 3333-3351 Pineville Matthews Rd
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