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Statesville Shops 9401 Statesville Rd 36,691 SF 100% Leased Retail Building Charlotte, NC 28269 $13,731,000 CAD ($374.23 CAD/SF) 5.74% Cap Rate
Executive Summary
+/- 36,691 SF neighborhood shopping center presents a stable retail investment opportunity in a high-growth Charlotte market. Anchored by Northern Tool + Equipment, which occupies approximately 69% of the GLA, has operated at the property for 20+ years. The asset benefits from long-term tenant stability with lease expirations extended through 2029–2035. Structured with NNN leases and an improved rent profile, the property delivers a clean, durable NOI, supported by service-oriented tenants in a highly trafficked corridor
near I-77 and Northlake Mall.
near I-77 and Northlake Mall.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
36,691 SF
Building Class
B
Year Built
2004
Price
$13,731,000 CAD
Price Per SF
$374.23 CAD
Cap Rate
5.74%
NOI
$788,310 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
3.98 AC
Zoning
ML-1
Parking
91 Spaces (2.48 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Batteries Plus
- -
-
99,999 SF
- -
- -
- Bobbee O's BBQ
- -
-
99,999 SF
- -
- -
- Northern Tool + Equipment
- -
-
99,999 SF
- -
- -
- Palm Beach Tan
- -
-
99,999 SF
- -
- -
- Rapid-Asia Nail
- -
-
99,999 SF
- -
- -
- Salon Centric
- -
-
99,999 SF
- -
- -
- State Farm Insurance
- -
-
99,999 SF
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Batteries Plus | - | 99,999 SF | - | - | ||
| Bobbee O's BBQ | - | 99,999 SF | - | - | ||
| Northern Tool + Equipment | - | 99,999 SF | - | - | ||
| Palm Beach Tan | - | 99,999 SF | - | - | ||
| Rapid-Asia Nail | - | 99,999 SF | - | - | ||
| Salon Centric | - | 99,999 SF | - | - | ||
| State Farm Insurance | - | 99,999 SF | - | - |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 025-092-06 | Improvements Assessment | $6,579,895 CAD |
| Land Assessment | $3,687,460 CAD | Total Assessment | $10,267,356 CAD |
Property Taxes
Parcel Number
025-092-06
Land Assessment
$3,687,460 CAD
Improvements Assessment
$6,579,895 CAD
Total Assessment
$10,267,356 CAD
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Statesville Shops | 9401 Statesville Rd
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