127 W 28th Stree

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127 W 28th Stree

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

What's Special

Located at 127 West 28th Street, this retail property is situated in the North Davidson (NoDa) area of Charlotte. The neighborhood is characterized by a mix of historic industrial buildings, contemporary residential developments, and creative office spaces. The site offers proximity to various local cafes, galleries, and breweries that define the district’s commercial landscape. Access to the property is supported by nearby major thoroughfares and the Sugar Creek light rail station, connecting the location to Uptown Charlotte and the surrounding metropolitan region. The building’s layout and location are suited for boutique retail, showrooms, or service-oriented businesses. Ideal tenants include professional services, specialty consumer goods retailers, or fitness studios seeking visibility within an active urban corridor. The asset profile caters to established local operators or growing regional brands looking for a presence in a high-density, walkable neighborhood with consistent daytime and evening foot traffic.

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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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