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5105 Reagan Dr
Charlotte, NC 28206
85 Oasis · Retail Property For Sale
Investment Highlights
- Fully Leased Multi-tenant Retail space
Executive Summary
This offering presents a rare opportunity to acquire a fully stabilized, income-producing multi-tenant retail building at 5105 Reagan Dr, Charlotte, NC — strategically positioned between Interstate 85 and Uptown Charlotte in one of the region's most active and retail-dense corridors. The property benefits from outstanding regional connectivity, strong consumer traffic, and a submarket defined by consistent occupier demand and limited quality supply.
The 10,085 SF building is 100% leased and generating over $220,000 in annual Net Operating Income, providing an investor with immediate, reliable cash flow from day one. A recent renovation and complete replacement of all HVAC units across the property have substantially reduced near-term capital expenditure requirements — a meaningful risk mitigant for any acquisition underwriting.
The property's versatile multi-tenant floor plan is purpose-built for broad appeal, accommodating a range of retail, service, and flex uses. Complemented by a gated, secured lot and ample on-site parking, the asset is well-positioned to sustain strong occupancy and attract quality tenants over the long term.
The 10,085 SF building is 100% leased and generating over $220,000 in annual Net Operating Income, providing an investor with immediate, reliable cash flow from day one. A recent renovation and complete replacement of all HVAC units across the property have substantially reduced near-term capital expenditure requirements — a meaningful risk mitigant for any acquisition underwriting.
The property's versatile multi-tenant floor plan is purpose-built for broad appeal, accommodating a range of retail, service, and flex uses. Complemented by a gated, secured lot and ample on-site parking, the asset is well-positioned to sustain strong occupancy and attract quality tenants over the long term.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
10,083 SF
Building Class
B
Year Built/Renovated
1994/2022
Price
$4,014,168 CAD
Price Per SF
$398.11 CAD
Cap Rate
7.92%
NOI
$317,887 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
1.08 AC
Opportunity Zone
Yes
Zoning
CG - Commercial
Parking
36 Spaces (3.57 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Freeway Visibility
Property Taxes
| Parcel Number | 087-073-01 | Improvements Assessment | $544,941 CAD |
| Land Assessment | $580,575 CAD | Total Assessment | $1,125,516 CAD |
Property Taxes
Parcel Number
087-073-01
Land Assessment
$580,575 CAD
Improvements Assessment
$544,941 CAD
Total Assessment
$1,125,516 CAD
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