2035 North Sharon Amity Road

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2035 North Sharon Amity Road

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

What's Special

2035 North Sharon Amity Road is situated in a high-traffic retail corridor in East Charlotte, positioned between the Sheffield Park and Oak Forest neighborhoods. The property offers direct frontage on a major four-lane thoroughfare with multiple points of ingress and egress. The surrounding area is characterized by a mix of established residential pockets and dense commercial development, including grocery-anchored centers and national quick-service restaurants. It is located approximately six miles east of Uptown Charlotte, with convenient access to Independence Boulevard (US-74) and several Charlotte Area Transit System (CATS) bus stops. The building is suited for a variety of retail uses, including specialty boutiques, service-oriented businesses, or showrooms. The layout and high-visibility signage opportunities appeal to tenants requiring significant street exposure and ease of access for local commuters. Typical occupants for this asset class include medical clinics, insurance agencies, cellular retailers, or small-scale fitness studios. The property serves a diverse local demographic, making it a functional landing point for neighborhood-serving retail operators looking to establish a presence in a mature Charlotte submarket.

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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

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