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9813 South Blvd
Charlotte, NC 28273

Promenade at Carolina Pavilion · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
15,334 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2006
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
1.58 AC
Zoning
CC
Parking
70 Spaces (4.72 Spaces per 1,000 SF Leased)
Frontage
99 FT on Carolina Pavilion S Dr

Amenities

  • Bus Line
  • Commuter Rail
  • Dedicated Turn Lane
  • Freeway Visibility
  • Pylon Sign
  • Signage
  • Signalized Intersection

About 9813 South Blvd , Charlotte, NC 28273

The Promenade at Carolina Pavilion is a Target-anchored center in Charlotte with over 850,000 SF in retail space. In addition to Target, other large anchors include AMC Theaters, Floor and Décor, Bed Bath & Beyond, Buy Buy Baby, Nordstrom Rack, Conn’s, Value City Furniture, World Market, Old Navy, DSW, Ross and Big lots. The center is strategically positioned at the intersection of South Boulevard (31,000 vpd) and I-485 (149,000 vpd) providing access to the vast southwestern portion of Charlotte and Mecklenburg County. The Promenade at Carolina Pavilion is a four tenant out parcel development sitting in front of the shopping center on an out parcel. Well located, the property has excellent visibility from the main South Boulevard/I-485 Intersection. The building is 100% leased with Verizon Wireless, 5.11 Tactical, Total Productive Staffing and Milan Nails & Spa occupying the building. The building offers a great opportunity to own a portion of the shopping center which, other than this building, has very limited small shop opportunities. Although the building is currently 100% occupied, a new owner has the opportunity to enjoy strong positive cash flow in the near term, and in time, push rents higher as the market and sub market continue to grow in demand.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
207-071-10
Land Assessment
$2,594,100
Improvements Assessment
$1,730,300
Total Assessment
$4,324,400
  • Listing ID: 14897368

  • Date on Market: 1/17/2019

  • Last Updated:

  • Address: 9813 South Blvd, Charlotte, NC 28273

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