1001 E Sugar Creek Rd
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1001 E Sugar Creek Rd
1,033 SF Retail Building Charlotte, NC 28205 For Sale
Investment Highlights
- Approximately 1,600 new multifamily and townhome units are either approved or under construction within 1.5 miles of the site.
- 21,200 VPD Sugar Creek Road.
- 0.3 miles from Sugar Creek Station (Light Rail – LYNX Blue Line).
- Great opportunity for retail use or commercial development.
Executive Summary
High-Visibility Commercial Property in Rapidly Developing Northeast Charlotte (Plaza Midwood/NoDa).
This high-visibility commercial property is located in the fast-growing Northeast Charlotte submarket, surrounded by numerous new commercial and residential developments. With nearly 1,600 multifamily and townhome units planned or under construction within 1.5 miles, this site offers a great opportunity for retail use or commercial development.
The property is well-positioned near major transportation hubs, including a light rail station and future LYNX Red Line access. Ongoing infrastructure enhancements, including drainage improvements, upgraded street lighting, and community trail extensions, add to the area’s attractiveness, positioning it as a prime location for future development.
This high-visibility commercial property is located in the fast-growing Northeast Charlotte submarket, surrounded by numerous new commercial and residential developments. With nearly 1,600 multifamily and townhome units planned or under construction within 1.5 miles, this site offers a great opportunity for retail use or commercial development.
The property is well-positioned near major transportation hubs, including a light rail station and future LYNX Red Line access. Ongoing infrastructure enhancements, including drainage improvements, upgraded street lighting, and community trail extensions, add to the area’s attractiveness, positioning it as a prime location for future development.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
1,033 SF
Building Class
C
Year Built
1955
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.48 AC
Zoning
TOD-TR - Transit Transition Zoning District
Parking
10 Spaces (9.68 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Freeway Visibility
- Signage
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 091-044-01 | Improvements Assessment | $26,000 |
| Land Assessment | $376,400 | Total Assessment | $402,400 |
PROPERTY TAXES
Parcel Number
091-044-01
Land Assessment
$376,400
Improvements Assessment
$26,000
Total Assessment
$402,400
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1001 E Sugar Creek Rd
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