124 Atando Ave

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124 Atando Ave

Charlotte, NC 28206
Asking Price
Contact for price
Asset Type
Retail
Class
Class B

What's Special

124 Atando Avenue is situated within Charlotte’s North End corridor, an area characterized by a mix of established industrial facilities and emerging adaptive reuse projects. The property is located approximately two miles north of Uptown Charlotte, providing proximity to the central business district. It is positioned near the Camp North End development, which features a variety of dining, office, and creative spaces. The location offers convenient transportation access, with immediate entry points to Interstate 77 and Interstate 85, as well as several nearby bus stops serving the local transit network. The property is suited for retail operations that require high visibility and logistical accessibility. Potential use cases include neighborhood services, specialty showrooms, or wholesale retail outlets that benefit from the zone's industrial-commercial hybrid environment. A typical tenant profile may include local service providers, hardware or automotive retailers, and light assembly businesses with a front-facing customer component. The flexible layout of many structures in this submarket supports businesses looking for functional space that bridges the gap between traditional retail and urban distribution.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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