Burlington Retail for Sale - West Burlington/Airport

Atlantic Capital Partners is pleased to present a freestanding Hobby Lobby in Burlington, NC. This top performing store ranks in the 91st percentile nationally per PlacerAI and the tenant recently executed a long-term extension, ensuring durable cash flow. Strategically located in Burlington’s dominant retail corridor, the property benefits from strong co-tenancy, regional draw, and excellent visibility. This asset benefits from pylon sign rights on I-40 (130k+ VPD), University Dr (40k), and Garden Rd. Hobby Lobby, with 1,000+ stores nationwide and $8 billion in 2024 revenues, represents institutional-quality tenancy that is committed to the location. With long-term lease stability from a high performing national retailer, this asset offers investors a compelling opportunity for secure income in a growing, high demand North Carolina market.

Property Subtype:

Freestanding

Date on Market:

2025-10-22

Sherrills Ford Retail for Sale - Catawba County

CORPORATE GUARANTEE FROM CREDIT TENANT - Chick-Fil-A currently operates over 2,928 locations - Employs over 200,000 people - 2022 U.S. system sales totaled $18.8B (up 13% from 2021) - 3rd Largest fast-food chain in the Country by sales volume (QSR Magazine) FRONTING MAJOR RETAIL CORRIDOR - Site fronts NC-150 (13,500 VPD), within a 1-mile radius of the Chick-Fil-A there is more than 175K SF of retail space boasting an overall vacancy rate of 0% - Nearby National Retailers Include: Publix Super Market, Jersey Mike’s, Starbucks, and more THE VILLAGES AT SHERRILLS FORD - This 206-acre development boasts more than 6,000 residential lots and a large mix of retail, residential, and medical space - With over 500k SF of commercial space this community is set to add over $100 million dollars in economic impact to the surrounding area STRONG LEASE FUNDAMENTALS - 15 year ground lease provides next owner with zero landlord responsibilities - 10% rental increases in base term and option periods CHARLOTTE, NC - A TOP PERFORMING MARKET NATIONALLY - Charlotte, NC is now the 14th largest city in the U.S., with a population exceeding 943,000. - From 2020 to 2024, Charlotte recorded the 4th largest population increase in the nation, adding more than 69,000 residents. - Ranked among the top 10 hottest housing markets, Charlotte placed 7th nationally. - Over the past decade, the Charlotte region has experienced 24% employment growth, with an additional 8% job expansion projected between 2024 and 2030 AFFLUENT LAKE MARKET - Surrounding the site within a 1-mile radius the AHHI exceeds $125,000 - In a 5-mile radius there are more than 33K potential customers with an AHHI greater than $160,000

Property Subtype:

Fast Food

Date on Market:

2025-10-21

Greensboro Retail for Sale - South Greensboro

Great opportunity to own an automotive repair facility in a high traffic location with sizable additional lot. Main service station in front of property features two bays with two 2-post lifts and 13' ceiling height. 780+/-sf office space in back section of main building. 2728+/-sf rear building with three 10x14 doors, 16' ceilings, two 2-post lifts, one drive-on lift, and a separate office/parts department space. Additional lot at 2903 Randleman Rd is .32 acres. Average Daily Traffic- 10,500 vehicles

Property Subtype:

Auto Repair

Date on Market:

2025-10-21

East Bend Retail for Sale - Yadkin County

Carl Brendes and Ransome Foose of Berkeley Capital Advisors are pleased to present for sale Family Dollar in East Bend, NC. We welcome your review of this attractive investment.

Property Subtype:

Convenience

Date on Market:

2025-10-21

Kernersville Retail for Sale

±27,120 SF flex/industrial opportunity located 1 mile from I-40 in a growing Kernersville market. Functioning as an athletic training facility since its construction in 2017, this space offers functional open warehouse with rare clear height, two public restrooms, plus a private office/private restroom. A second level mezzanine adds additional usable space and a second private office. Perfect for any investor/user in search of a fitness center/athletic facility/pickleball concept or traditional flex/industrial play.

Property Subtype:

Health Club

Date on Market:

2025-10-20

Locust Retail for Sale - Stanly County

As the largest multi-brand tire dealer in the United States, Mavis operates over 2,000 service centers in 38 states under three operating formats: Mavis Tire, Express Oil Change & Tire Engineers, and Brakes Plus. Locust is a city in Stanly and Cabarrus counties in North Carolina, located within the Charlotte metropolitan area. Locust has become one of the fastest-growing cities in the state due to its proximity to Charlotte.

Property Subtype:

Auto Repair

Date on Market:

2025-10-20

High Point Flex for Sale - High Point/SW Guilford Cty

Property Overview: Take advantage of this unique opportunity to own a former manufacturing facility that has been transformed into a character-filled furniture showroom. Located in the heart of High Point, this versatile building supports both furniture showroom operations and light industrial uses, making it ideal for manufacturers, distributors, creative makers, and home furnishings brands seeking a flexible space with authentic industrial appeal. Situated on a 1.71± acre fenced lot, the property offers excellent functionality, strong utility infrastructure, and a layout that supports a wide range of commercial uses. Property Highlights: *Two-level facility with concrete floors on the lower level and original hardwood floors on the upper level—perfect for showroom displays or production setups. *Fully sprinklered (wet system) for enhanced life safety and code compliance. *Heated with hanging gas furnaces, providing functional conditioning on both levels. *Previously fully conditioned—existing ductwork remains, offering an opportunity for a buyer to reinstall HVAC if desired. *Robust electrical service: 1,000-amp, 480V, 3-phase power ideal for machinery, lighting, or equipment-heavy operations. *Four (4) restrooms throughout the building for convenience and operational flexibility. *1.71± acre fenced lot providing security, outdoor storage potential, parking, and room for loading or expansion. *Strong combination of showroom character and industrial capability—rare for the High Point market. Ideal Uses: *Furniture showroom *Light manufacturing *Creative production space *Distribution + showroom hybrid *Maker space / workshop *Adaptive reuse for retail or design studios Key Advantages: This property delivers the best of both worlds: authentic showroom charm paired with industrial-grade infrastructure. With high power capacity, functional heating, sprinkler coverage, and dual-level flexibility, 501 S Centennial is ready to support a wide range of commercial or creative operations.

Property Subtype:

Showroom

Date on Market:

2025-10-20

Clayton Retail for Sale - Johnston County

ATTRACTIVE LEASE FUNDAMENTALS & REASONABLE RENTAL RATES - Each Tenant has signed a new 10 year Lease and both are corporate guarantees - Both leases have at least 3 x 5 year extensions left while TD Bank has 4 x 5 Year extensions - Each lease provides 10% rent increases every 5 years in base term and option periods providing a strong inflation hedge - The market rents in Clayton have continued to climb higher year over year; therefore, the current rents for the two tenants are at and below market rents in the surrounding area, which provides future upside at the property STRONG CREDIT TENANTS - Heartland Dental operates over 1,800 locations - TD Bank operates over 1,170 locations with an S&P credit rating of A+ - Combined tenancy offers strong credit fundamentals and low risk of default DENSE RETAIL NODE - Over 726K SF of retail space within a 1-mile radius with a vacancy rate below 3% - Surrounded by national retailers including Lowe’s Foods, Walmart Supercenter, and Cato Fashions - High-traffic corridor along U.S. Highway 70 NEARBY ECONOMIC DRIVERS WITH CONTINUOUS INVESTMENT - Clayton and the Raleigh MSA Rank #1 in the U.S. for Business Climate (Site Selection 2024) - Major Employers Include Novo Nordisk, Grifols, and Caterpillar - Continuous Corporate and Residential Investment Driving Long-Term Market Stability RALEIGH-DURHAM, NC MSA - Raleigh, NC is ranked #3 in 2023 for Best Residential Markets (Rocket Mortgage) - Raleigh forecasts a 44% job growth over the next 10 years (3.0% growth from 2021 to 2022) - Raleigh was ranked #3 in Best Places to Live for 2023-2024 (U.S. News) NEW CONSTRUCTION - This multi-tenant property is built with both tenants new formats - Warranties will be assigned to new owner - TD Bank benefits from a dual drive-thru

Property Subtype:

Storefront

Date on Market:

2025-10-20

Waxhaw Retail for Sale - Union County

ATTRACTIVE LEASE FUNDAMENTALS - Each Tenant has signed a new 10 years Lease and are corporate guarantees - Both leases have 2+ options remaining - Each lease provides 10% rental increases every 5 years in the base term and option periods providing a strong inflation hedge STRONG CREDIT TENANTS - Heartland Dental (1,800+ Locations) - Caribou Coffee (over 800 locations globally, part of Panera Brands backed by JAB Holding)— providing strong institutional backing and enhancing investment stability - Together, these tenants deliver a low risk of default and stabilized cash flow DENSE RETAIL NODE - Located along Providence Rd, a heavily trafficked corridor with strong visibility - Within a 1 mile radius is over 435K SF of retail space and a dense mix of grocery, QSR, and service oriented retail including Publix, Walgreens, and Harris Teeter - The property benefits from high daily traffic counts and established co-tenancy in the trade area SURROUNDED BY THOUSANDS OF NEW RESIDENTIAL UNITS - Over 6,500 new housing units are planned or recently delivered within a 3-mile radius - Waxhaw is one of the fastest-growing suburbs in the Charlotte MSA, attracting young families and professionals - Strong residential demand supports steady retail traffic and tenant performance with an AHHI within a 1-mile radius of the site exceeding $179K AFFLUENT MARKET OF CHARLOTTE MSA - This site resides within the rapidly expanding Charlotte–Concord–Gastonia MSA, one of the fastest-growing metro areas in the U.S. - Rapidly expanding town of Waxhaw, NC - AHHI exceeds $160K in a 1-mile radius - The Charlotte metro has surged by approximately 8.1 % since 2020, reaching around 2.88 million residents, well above the national growth rate of 2.6 % NEW CONSTRUCTION - This multi-tenant property is newly constructed with modern formats - Heartland Dental paid for its build-out with warranties in place - Caribou Coffee features a high-traffic drive-thru format designed for efficiency and convenience

Date on Market:

2025-10-17

Cornelius Retail for Sale - Northeast/I-77

Pegasus Investments Real Estate Advisory, in conjunction with ParaSell, Inc., is pleased to offer investors the opportunity to acquire a 100% Absolute NNN Goodyear Tire asset in Cornelius, North Carolina, one of the most affluent submarkets in the Charlotte metro (the “Property”). The Goodyear Tire & Rubber Company (NASDAQ: GT) has operated at this location since 1998, underscoring its exceptional historical occupancy and long-standing commitment to the site. In 2025, the tenant executed a rare 15-year lease extension that not only secures tenancy well into the future but also converted the lease from a double-net to an absolute NNN structure, with the tenant now responsible for all expenses including roof and structure. The fee-simple (land and building) ownership structure may allow investors to take advantage of accelerated depreciation. Finally, the lease features highly attractive and extremely rare 18.75% rent increases every five years, including during both five-year renewal options, providing an ideal passive net lease structure that is both tax-efficient and inflation protected for the next 25 years. Strategically located on Catawba Avenue in Cornelius, NC, the 6,400 SF property benefits from prime visibility and a strong national retail trade area. Surrounding tenants include Chick-fil-A, Five Guys, and Andy’s Frozen Custard in a recently completed development across the street, which will be bolstered by a new development featuring Chipotle and VEG. The limited remaining land and high barrier to entry market dictated by the city’s strict development standards, have driven substantial rent growth and property appreciation along Catawba Ave in Cornelius, rendering even this new 15-year lease significantly below market. A city moratorium on new auto-service uses has created permanent demand from auto-use tenants as this Goodyear Tire property is one of only three auto-service providers in the region, and the only full-service option with superior positioning near the I-77 Express corridor. This irreplaceable location further strengthens the tenant’s long-term viability and the Property’s investment profile. The Property is corporately leased by Goodyear Tire & Rubber, a Fortune 500 company with a $2.4 billion market cap, $250M+ in net income (+222% Y/Y), and a 5.69% net margin (+229% Y/Y). Goodyear, which has been in business for over 125 years, is currently executing its “Goodyear Forward” transformation plan, focused on premium high-margin product lines, EV and autonomous vehicle tires, and streamlined operations. The company recently announced a $320 million expansion of its Lawton, Oklahoma plant, which will increase capacity by ~30%, alongside the launch of five new “power line” product families and nearly 200 new SKUs in 2025. Having divested non-core assets to unlock capital and sharpen its focus, Goodyear has seen its stock appreciate nearly 30% in 2025, further reinforcing its position as a forward-looking, growth-oriented tenant. Located within the affluent Lake Norman submarket of the Charlotte metro, Cornelius combines strong demographics with unmatched lifestyle appeal. Average household incomes exceed $135,000 within a three-mile radius, while Lake Norman’s luxury waterfront estates, golf communities, and yacht clubs, including The Peninsula Club and Peninsula Yacht Club, make it one of North Carolina’s most prestigious residential markets. Luxury homes in the area regularly trade in the $5M–$20M+ range, reflecting the depth of local wealth, which in turn bolsters commercial property values. Combined with Charlotte’s ranking as the second-largest U.S. banking hub and headquarters for major corporations such as Bank of America, Lowe’s, Truist, Honeywell, and Duke Energy, the region offers one of the Southeast’s most dynamic, diversified, and resilient markets, providing long-term stability and growth for investors.

Property Subtype:

Auto Repair

Date on Market:

2025-10-16

Fayetteville Retail for Sale - North Fayetteville

We are pleased to offer for sale the Walgreens property located at 3300 Ramsey Street, Fayetteville, NC 28301 (the “Property”). Walgreens operates under a double net lease (NN), with landlord responsibilities limited to roof and structure with approximately six (6) years remaining on the current term before their first cancellation option. The Property is located on Ramsey Street (U.S. 401), with a combined traffic count of ±58,600 vehicles per day. Ramsey Street serves as a north–south arterial through Fayetteville and connects directly to Interstate 295. The Fayetteville area is ranked among the Top 5 Defense Industry Development areas in the U.S. with top American defense contractors located in the area, including Lockheed Martin, Boeing, and General Dynamics. Within 5 miles of the Property are multiple medical, educational, and retail facilities. The Fayetteville VA Medical Center (60 beds) is 1.1 miles south, and the Cape Fear Valley Health System (700± beds) serves the broader region. Higher education institutions nearby include Methodist University (1,910 students), Fayetteville State University (6,700 students; 500+ faculty), and Fayetteville Technical Community College (28,000 students). Nearby retail includes Ramsey Commons (Walmart Supercenter, Starbucks, Chick-fil-A, PetSmart) located 1–1.5 miles north, and Cross Creek Mall (1.05 million square feet; Belk, Macy’s, JCPenney) located 3.8 miles west. Listed in conjunction with Brian Brockman, Bang Realty, 513.898.1551, wg@bangrealty.com, NC DRE Lic #298998.

Property Subtype:

Drug Store

Date on Market:

2025-10-14

Charlotte Retail for Sale - University

Trinity Partners, on behalf of the Owner, is pleased to serve as the exclusive advisor for the sale of University Place Shops in Charlotte, NC, a ±4,998 square foot freestanding retail property leased to Noodles & Company and Mezeh on a triple-net basis with an average of over eight years of remaining lease term. Outstanding Charlotte location in a robust, highly dynamic area of northeast Mecklenburg County known as University City, adjacent the University of North Carolina at Charlotte campus, University Research Park, and Carolinas Healthcare System University. In addition, recent nearby retail, hospitality and light rail transit-related developments have further enhanced the property’s superior appeal and potential for consumer demand. TURNKEY INVESTMENT: Fully leased to national and regional brands, fee simple ownership, long-term leases with operating expense recovery and built-in rent growth. UNIVERSITY AND STADIUM EXPANSION: UNC Charlotte enrolled over 32,000 students in Fall 2025, the second consecutive year of record breaking growth. The University’s football stadium attendance has increased 35% over the past five years and 2025 marked the ground breaking of a $70 million expansion. STRONG, GROWING CONSUMER DEMAND: Foot traffic counts near the property are high ranked, and continue to surge from new developments in University Place including The Pointe’s twelve new retail shops, 300+ NOVEL apartments, along with a completed $40 million regional library that will open in 2025 and the $50 million North Bridge over Interstate 85 that will link University Research Park. EXCEPTIONAL LOCAL ECONOMIC DRIVERS: Part of the University Place mixed-use development adjacent to UNC Charlotte, University Research Park and Atrium Hospital with access to 80,000 employees and 30,000 students, and to the JW Clay/University light rail station which has 30,000 riders per day and connects to major transit oriented developments. VANGUARD RELOCATION TO UNIVERSITY RESEARCH PARK: In 2025, Vanguard began the consolidation of 2,400 employees to a nearby newly constructed office campus which Centene Corporation had reportedly invested $1 billion to complete. DEMONSTRATED RETAIL RENTS: Base rates at comparable shops in University Place average over $40 per square foot, including many new long-term leases post-pandemic, representing the enduring market appeal of the immediate area and property.

Property Subtype:

Restaurant

Date on Market:

2025-10-14

Burnsville Retail for Sale

5000 SF Warehouse, retail and/or office location with road frontage on both Hwy 19E and E. Main Street in Burnsville. The property is currently occupied by an auto parts store. There was no water in the building or flood damage to the property after Hurricane Helene. The seller is open to owner financing and terms are subject to the details of any offer to purchase. This property can be shown only during business hours Monday to Friday 8:00 a.m. to 5:00 p.m. and Saturday 8:00 a.m. to 12:00 p.m. Call the listing agent to schedule a showing.

Date on Market:

2025-10-14

Raleigh Retail for Sale - Northeast Wake County

Oswald Cooke is pleased to present the net leased Quarles Fueling assets across the Piedmont Triad region of North Carolina to qualified investors. GPM Empire LLC operates under a 10-year lease which has (2) 5-year options to extend their lease.  The lease includes 5% escalation every 5th year throughout the base term and options. The NNN lease has no landlord responsibilities.  The Quarles Fleet Fueling network has over 175 locations nationwide across eight states, and is constantly expanding into new markets to further serve and enhance accessibility to their customer base.

Property Subtype:

Freestanding

Date on Market:

2025-10-14

Winston-Salem Retail for Sale - South Forsyth County

Oswald Cooke is pleased to present the net leased Quarles Fueling assets across the Piedmont Triad region of North Carolina to qualified investors. GPM Empire, LLC operates under a 10-year lease which has (2) 5-year options to extend their lease.  The lease includes 5% escalation every 5th year throughout the base term and options. The NNN lease has no landlord responsibilities.  The Quarles Fleet Fueling network has over 175 locations nationwide across eight states, and is constantly expanding into new markets to further serve and enhance accessibility to their customer base.

Property Subtype:

Service Station

Date on Market:

2025-10-14

Portfolio of properties for Sale - Airport/W Guilford County

Oswald Cooke is pleased to present the net leased Quarles Fueling assets across the Piedmont Triad regionof North Carolina to qualified investors. GPM Empire LLC operates under a 10-year lease which has (2) 5-year options to extend their lease.  The lease includes 5% escalation every 5th year throughout the base term and options. The NNN lease has no landlord responsibilities.  The Quarles Fleet Fueling network has over 175 locations nationwide across eight states, and is constantly expanding into new markets to further serve and enhance accessibility to their customer base.

Property Subtype:

Mixed Types

Date on Market:

2025-10-14

Eden Retail for Sale - Rockingham County

Excellent value-add gas station opportunity situated on a high-visibility corner lot along a busy main road. The property sits on 0.66 acres and features two operational pumps (four nozzles) with four underground fuel tanks renovated in 2013 and a new HVAC unit installed last year. The 1,800 SF convenience store includes a kitchen setup, Hunt Brothers Pizza, and a dining area, creating a strong foundation for food-service sales. The next owner can easily add more pumps and partner with a major brand such as Shell, BP, or Marathon to drive higher fuel volume and overall revenue. Currently, the station sells regular 87 fuel from a private supplier, leaving significant upside for an operator seeking to expand and modernize this well-located site. Please call broker for financials.

Date on Market:

2025-10-13

Concord Retail for Sale - Cabarrus County

2nd generation restaurant available for sale in the heart of the thriving retail corridor next to Concord Mills Mall and Charlotte Motor Speedway. Surrounded by retail and adjacent to Charlotte’s largest shopping trade area, this site offers a great opportunity in one of Charlotte’s top, established growth markets. The bar/restaurant has had tremendous success in this location. This is a great opportunity to be near Charlotte’s top tourist destinations.

Property Subtype:

Restaurant

Date on Market:

2025-10-09

Littleton Retail for Sale

FOR SALE: 3 Acres + 13,000+ SQ FT Turn-Key Multi-Restaurant & Event Facility – Near Lake Gaston! Discover an exceptional commercial opportunity in Littleton — a custom-built 13,000+ sq ft facility on over 3 acres, completed in 2018 and fully equipped for multiple business ventures. This impressive property features: • Full-service restaurant with expansive dining room, tables, booths, and a beautiful bar area perfectly positioned near the restrooms for flow and convenience. • Commercial-grade kitchen with walk-in cooler and freezer, professional prep areas, and all major equipment to start service immediately. The restaurant was fully operational until Summer 2025 — truly turn-key. • Separate retail or service space, ideal for an additional business such as a deli, ice cream shop, or coffee bar. • Massive banquet hall, perfect for weddings, receptions, private parties, and community events, offering substantial revenue potential. • In the rear of the building are private office spaces, detached storage, and ample paved parking with adequate exterior lighting. • Guests will love the wraparound covered patio for outdoor dining or events. Built to the highest standards, this facility includes a metal roof, modern HVAC systems, city water, and CITY SEWER (a rare find in this area!), and premium finishes throughout. Just minutes from Lake Gaston, this location captures both local traffic and steady tourist flow, making it an unbeatable site for any hospitality, retail, or event-based business. A rare, high-quality commercial property built right — and built to last. Notes: 3 Acres will be subdivided off the current track. The sale is subject to bank approval. The "deli/ ice cream shop" is just one of many ideas. Buyer to confirm Internet speed, type, and provider. Bright Speed says up to 2G Fiber is available.

Property Subtype:

Restaurant

Date on Market:

2025-10-08

High Point Retail for Sale - High Point/SW Guilford Cty

Fully Leased 6,888 SF Retail Investment Property – Strong Tenants & Expansion Potential 2107 Kirkwood Street | High Point, NC 27262 This 6,888 SF fully leased retail center offers investors immediate, stable cash flow supported by a proven tenant mix and a high-traffic, high-visibility corner location. Situated on a prominent outparcel site, the property also includes room for future expansion or redevelopment, creating an appealing mix of current income and long-term upside. Renovated extensively in 2016, the center received a new roof, HVAC systems, updated plumbing, and upgraded electrical, minimizing near-term capital expenditures and increasing operational reliability. Investment Highlights: 6,888± SF fully leased retail center Listing Price: $2,650,000 Current NOI: $106,449.86 Located at a high-traffic corner with outstanding visibility Expansion opportunity with a former development pad & outparcel Comprehensive 2016 renovation (roof, HVAC, plumbing, electrical) Surrounded by established residential neighborhoods and steady daily traffic Low-maintenance asset ideal for long-term hold strategies Tenant Mix (All Established Operators): *California Burrito *Raptures Hair Salon *Santorini Restaurant These tenants provide diversified income streams across food, personal services, and restaurant categories—adding stability and resilience to the investment profile. Why Investors Like This Asset 1. Strong in-place income from reliable tenants 2. Minimal short-term CapEx due to full renovation 3. Prime corner retail positioning 4, Built-in growth potential via expansion or redevelopment 5. Ideal for investors seeking cash flow today with future upside tomorrow

Property Subtype:

Freestanding

Date on Market:

2025-10-08

Winston-Salem Portfolio of properties for Sale - Winston-Salem CBD

Property Subtype:

Mixed Types

Date on Market:

2025-10-08

Cornelius Office for Sale - Northeast/I-77

Prime investment opportunity in the heart of Cornelius, NC! Located close to vibrant Downtown with great visibility along Statesville Hwy. and perfect for your Business or next Venture! Two units totaling 2,119 Sq Ft perfectly suited for professional Offices, Medi-Spa, Retail and Neighborhood Center Services. The Main house could be a private residence with detached studio or home-based business. Great bones with nods to historical charm with modern updates--wood floors, fireplace, updated Kitchen & Baths--and large deck. There is secure storage and a carport. Additional Flex space that could be used as more storage or upfit for an additional use. X-Large, 2-bay detached Garage with high ceilings that could accommodate car lift AND covered Boat/RV Parking! Large asphalt parking with 20+ spaces. So much potential here and More!! Endless possibilities in this vibrant & growing region!

Property Subtype:

Office/Residential

Date on Market:

2025-10-07

Winston-Salem Retail for Sale - Winston-Salem CBD

“The Bitting Block” - Versatile ±8,150 SF mixed-use property located in the heart of downtown Winston-Salem! The first floor storefront features an open layout with large display windows and direct street access to local dining, major employers, and other retail stores. The second floor offers two completely renovated private suites with a nod to historical design finishes – turnkey spaces with high ceilings, hardwood floors, and an abundance of natural light - ideal for office use or residential conversion.

Property Subtype:

Storefront Retail/Office

Date on Market:

2025-10-07

Charlotte Retail for Sale - Northeast/I-77

Pegasus Investments Real Estate Advisory Inc., in conjunction with ParaSell, Inc., as exclusive advisors to the Seller, is excited to present investors with the opportunity to acquire a high-performing, net-leased Mavis Tires & Brakes in one of Charlotte’s fastest-growing residential and retail corridors (the “Property”). The Property is secured by a 100% absolute triple net lease to a corporate subsidiary of Express Oil Change, who merged with Mavis in 2018 (doing business as Mavis Tires & Brakes), offering investors zero landlord responsibilities and a reliable, long-term income stream. The tenant has operated at the site for nearly a decade, with over 10 years of remaining term on the base lease and 10% rental increases every five years, including in each of the four 5-year extension options. Situated on a 1.02-acre parcel with a well-maintained 10,521 square foot building, this offering provides durable cash flow, built-in rent growth, and minimal operational risk. The tenant, T.E. LLC, is a subsidiary of Express Oil Change, one of the nation’s largest and most respected automotive service operators with over 390 locations across 19 states. The lease features a corporate guaranty from Express Oil Change, a core brand within the Mavis Tires & Brakes portfolio since the 2018 merger, which includes national service names like Brakes Plus, Town Fair Tire, and Tuffy Tire. With deep industry experience and private equity backing, Mavis is a dominant player in the e-commerce-resistant auto services sector. Strategically located along Highland Shoppes Drive, just off Prosperity Church Road and highly visible from Charlotte’s I-485 Outer Loop, the Property benefits from affluent demographics and dense surrounding development. Over 65,000 residents with average household incomes exceeding $113,000 live within a 3-mile radius. The Property is adjacent to a drive-thru Bojangles, an IHOP-anchored strip center, and is shadow-anchored by Harris Teeter, with other nearby anchors including Publix and ALDI. The immediate area includes nearly 1,000 multifamily units within a quarter mile, and a growing retail corridor with robust traffic and daytime population. The Property is surrounded by one of Charlotte’s most active residential pipelines, with a mix of completed, under-construction, and planned townhome and multifamily developments, including Highland Creek, Cardinal Point, and Prosperity Crossing, among others. In total, thousands of new residential units are being delivered or planned within a 3-mile radius, creating long-term demand drivers for neighborhood retail and services. Located in Charlotte, the 3rd fastest-growing major city in the U.S., and ranked among the top cities for business and quality of life, this offering is uniquely positioned at the intersection of institutional leasing, long-term demographic growth, and market momentum.

Property Subtype:

Auto Repair

Date on Market:

2025-10-07