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8 Unit Retail - Harrisburg NC 4954 Hwy 49 hwy 8,846 SF 100% Leased Retail Building Harrisburg, NC 28075 $1,895,614 CAD ($214.29 CAD/SF)
Investment Highlights
- State Highway 49 Frontage
- Under Market Rents on Month to Month Leases
- Ability to add NNN Leases
- Huge Value Add
- Heavy Traffic Counts
Executive Summary
This offering presents a rare value-add retail investment located along highly trafficked Hwy 49 in Harrisburg, NC, one of the Charlotte metro’s fastest-growing submarkets. The property consists of 8 retail units within a 9-unit commercial condominium building, allowing investors to acquire the majority of the income-producing space while benefiting from shared infrastructure and strong frontage exposure.
Current rents are significantly below market, with all tenants operating on month-to-month leases, creating an immediate opportunity for a new owner to implement a strategic rent reset and lease-up plan.
Current rents are significantly below market, with all tenants operating on month-to-month leases, creating an immediate opportunity for a new owner to implement a strategic rent reset and lease-up plan.
Financial Summary (Pro Forma - 2027) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2027) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
8,846 SF
Year Built
1991
Price
$1,895,614 CAD
Price Per SF
$214.29 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Zoning
GC - General Commercial
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Total Assessment | $1,311,264 CAD (2025) | |
| Land Assessment | $651,428 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $659,836 CAD (2025) | Tax Year | 2027 |
Property Taxes
Parcel Numbers
Land Assessment
$651,428 CAD (2025)
Improvements Assessment
$659,836 CAD (2025)
Total Assessment
$1,311,264 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2027
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8 Unit Retail - Harrisburg NC | 4954 Hwy 49 hwy
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