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Belmont Village 6507-6509 W Wilkinson Blvd 53,488 SF 100% Leased Retail Building Belmont, NC 28012 For Sale
Investment Highlights
- Value & Service Anchored Neighborhood Shopping Center
- Supply Constrained Market
- Immediate Mark-To-Market Lease-Up Opportunity
- Recently Renovated, Stabilized Asset With Long-Term Anchor Tenure
- High Occupancy With Diverse Tenant Contribution
- Strong Demographic Support In An Established Belmont Submarket
Executive Summary
Atlantic Capital Partners has been exclusively engaged to market Belmont Village, a newly renovated neighborhood shopping center located in the Charlotte MSA in Belmont, North Carolina. The property is strategically positioned along Wilkinson Boulevard, a primary commercial corridor with approximately 30,000 vehicles per day, and benefits from strong visibility and access within a dense and growing suburban trade area supported by daily-needs and service-oriented demand.
Belmont Village totals 53,488 square feet atop 7.50 acres and is 93% occupied by a diverse mix of national, regional, and local tenants, anchored by Goodwill, and complimented by service-oriented users including Ignited Minds, and healthcare and food service tenancy. The asset underwent substantial capital improvements and was thoroughly renovated in 2024, including a full new roof replacement.
The opportunity provides investors stable in-place cash flow with immediate upside via mark-to-market rent opportunities. The offering features long-term anchor tenancy with embedded contractual rent growth and mark-to-market upside for inline space. Both the asset and submarket benefit from their positioning within an extremely supply constrained market, with over 80% of the surrounding land owned and controlled by Belmont Abbey/Belmont Abbey College, limiting growth, new development, and new entrants to the market.
Belmont Village totals 53,488 square feet atop 7.50 acres and is 93% occupied by a diverse mix of national, regional, and local tenants, anchored by Goodwill, and complimented by service-oriented users including Ignited Minds, and healthcare and food service tenancy. The asset underwent substantial capital improvements and was thoroughly renovated in 2024, including a full new roof replacement.
The opportunity provides investors stable in-place cash flow with immediate upside via mark-to-market rent opportunities. The offering features long-term anchor tenancy with embedded contractual rent growth and mark-to-market upside for inline space. Both the asset and submarket benefit from their positioning within an extremely supply constrained market, with over 80% of the surrounding land owned and controlled by Belmont Abbey/Belmont Abbey College, limiting growth, new development, and new entrants to the market.
Property Facts
Sale Type
Investment
Property Type
Building Size
53,488 SF
Building Class
B
Year Built/Renovated
1994/2024
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
7.50 AC
Zoning
SHOP4
Nearby Major Retailers
Property Taxes
| Parcel Number | 125042 | Improvements Assessment | $3,937,473 CAD |
| Land Assessment | $2,609,448 CAD | Total Assessment | $6,546,920 CAD |
Property Taxes
Parcel Number
125042
Land Assessment
$2,609,448 CAD
Improvements Assessment
$3,937,473 CAD
Total Assessment
$6,546,920 CAD
Contacts
-
David Hoppe -
Eric Suffoletto -
Jordan Gomez -
Ben Olmstead -
Kendra Doherty -
Atlantic Capital Partners
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Belmont Village | 6507-6509 W Wilkinson Blvd
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