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The Pointe at Idlewild Commons 7878-7892 Idlewild Rd 13,717 SF 100% Leased Retail Building Indian Trail, NC 28079 $4,815,924 CAD ($351.09 CAD/SF) 6.26% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 100% Occupancy with Stable Cash Flow
  • Long-Term Leases
  • Prime Location in Growing Market

EXECUTIVE SUMMARY

Discover a fully leased, 13,717 SF retail strip center in the thriving Union County submarket. Delivering a robust $215,902 NOI and a 6.26% cap rate, this 1.98-acre property features a diverse tenant mix—including Bagel Gram, Christian Adoption Services, and Medicare Pharmacy—with leases extending through 2025-2028. Strategically located near the Monroe Bypass, Idlewild Commons benefits from strong demographics, with a 2.6% annual population growth and a median household income of $87K+ within 2 miles. Perfect for investors seeking stable cash flow in a high-demand suburban market. Tenants are on modified gross leases with between 2-3% escalations.

FINANCIAL SUMMARY (ACTUAL - 2024) 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 (ACTUAL - 2024) 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
13,717 SF
Building Class
B
Year Built
2007
Price
$4,815,924 CAD
Price Per SF
$351.09 CAD
Cap Rate
6.26%
NOI
$301,382 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
1.98 AC
Zoning
B4 - Commercial
Parking
76 Spaces (5.54 Spaces per 1,000 SF Leased)
Frontage
292’ on Idlewild Road

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Bagel Gram
  • Accommodation and Food Services
  • 99,999 SF
  • -
  • -
  • Jan 0000
  • Health Care and Social Assistance
  • 99,999 SF
  • -
  • -
  • Jan 0000

CAS was founded in 1979 as a result of the success that Doris Woodward had in facilitating adoptions from her native country of El Salvador. When the agency’s office moved to North Carolina from Maine in 1989, a counseling program evolved from the agency’s response to pregnant women who were exploring the option of adoption. Since 1979, they have assisted in the placement of over 2,000 children into loving, Christian families.

  • Idlewild Tobacco and Vape
  • Retailer
  • 99,999 SF
  • -
  • -
  • Jan 0000
  • Med Care Pharmacy
  • Retailer
  • 99,999 SF
  • -
  • -
  • Jan 0000
  • Real Estate
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Meet United Real Estate. The modern alternative to old-school real estate brokerages. In 2011, they set out with a grand plan to change how traditional real estate brokerages operate – and they are succeeding. Their revolutionary business model has launched us into the Top 10 largest brokerages in America. Their formula for success is consistently exceeding their clients’ expectations. From coast-to-coast, their agents stand ready to assist you with selling, buying or relocation.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Bagel Gram Accommodation and Food Services 99,999 SF - - Jan 0000
Health Care and Social Assistance 99,999 SF - - Jan 0000
Idlewild Tobacco and Vape Retailer 99,999 SF - - Jan 0000
Med Care Pharmacy Retailer 99,999 SF - - Jan 0000
Real Estate 99,999 SF $9.99 Lorem Ipsum Jan 0000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07-060-097-A
Land Assessment
$840,431 CAD
Improvements Assessment
$1,734,205 CAD
Total Assessment
$2,574,636 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
  • Listing ID: 35254285

  • Date on Market: 2025-03-25

  • Last Updated:

  • Address: 7878-7892 Idlewild Rd, Indian Trail, NC 28079

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