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The Frame Warehouse 5300 E Independence Blvd 19,200 SF Retail Building Charlotte, NC 28212 $2,791,840 CAD ($145.41 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Direct access to Independence Blvd. & MoRA Point Shopping Center.
  • Neighboring Tenants include Aldi, Starbucks, Verizon, 7 Eleven, Five Guys, Chipotle, Supercuts, Solarshine Carwash, ABC Store & Iora Health.
  • Estimated 70k vpd traffic counts along E Independence.

EXECUTIVE SUMMARY

5300 E Independence presents both an adaptive reuse or redevelopment opportunity with direct access into MoRA Point Shopping Center located at the corner of Monroe and Idlewild Roads. The property has been included into the shopping center’s covenants, affording the opportunity for stormwater connection and additional signage on four pylon signs along Idlewild, Monroe and E Independence, in addition to the existing pylon sign on the site. Nearby retailers include Arby’s, Starbucks, Five Guys, Aldi, Chipotle, 7 Eleven, Version, Supercuts, Iora Health, Halal Street Food, SolarShine Express Carwash and the ABC Store. Estimated traffic counts are 58,500 vpd along E Independence, 28,500 vpd on Monroe at Long Ave and 17,400 vpd at the Monroe and Idlewild intersection. Please call with questions.

PROPERTY FACTS

Sale Type
Owner User
Sale Condition
Ground Lease (Leasehold)
Property Type
Retail
Property Subtype
Freestanding
Building Size
19,200 SF
Building Class
C
Year Built
1952
Price
$2,791,840 CAD
Price Per SF
$145.41 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.38
Lot Size
1.15 AC
Zoning
GC - General Commercial
Parking
38 Spaces (1.98 Spaces per 1,000 SF Leased)
Frontage
143’ on E. Independence Blvd

AMENITIES

  • Freeway Visibility
  • Pylon Sign
  • Signage

NEARBY MAJOR RETAILERS

Starbucks
First Citizens Bank
Buffalo Wild Wings
Five Guys
Truist
TD Bank
Woodforest National Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
163-032-27
Land Assessment
$2,257,429 CAD (2025)
Improvements Assessment
$482,254 CAD (2025)
Total Assessment
$2,739,683 CAD (2025)
  • Listing ID: 28740208

  • Date on Market: 2023-06-13

  • Last Updated:

  • Address: 5300 E Independence Blvd, Charlotte, NC 28212

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