2035 North Sharon

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2035 North Sharon

Charlotte, NC 28205
Asking Price
$2.89M
Asset Type
Retail
Class
Class B

What's Special

2035 North Sharon Amity Road is situated in the established East Charlotte commercial corridor, characterized by a mix of diverse retail centers and residential neighborhoods. The property benefits from high visibility and direct access to major thoroughfares, including Albemarle Road and Independence Boulevard, facilitating efficient regional connectivity. The immediate area features a variety of local businesses, national grocery chains, and community services. Frequent public transit stops are located along the corridor, ensuring accessibility for both local residents and commuters. The building is well-suited for a range of retail applications, including convenience stores, specialty boutiques, or service-oriented businesses like salons and dry cleaners. Its layout and street-front presence cater to tenants seeking consistent foot traffic and localized brand exposure. Ideal occupants typically include neighborhood-serving retailers, medical clinics, or professional services that prioritize proximity to a dense residential population. The site’s flexible footprint supports both established regional brands and expanding independent operators.

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NOI
$80,000
Cap Rate
2.77%
DSCR
0.47
Underwater
Cash-on-Cash
-10.55%
Monthly Payment
$14,275.667
Annual Cash Flow
$-91,308.003

Location & Travel Times