2400 N Tryon Stree

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2400 N Tryon Stree

Charlotte, NC 28206
Asking Price
$2.00M
Asset Type
Retail
Class
Class B

What's Special

2400 North Tryon Street is located in the North End district of Charlotte, an area transitioning from industrial roots to a mix of commercial and creative spaces. Situated along a primary commercial corridor, the property offers direct access to Uptown Charlotte and the NoDa neighborhood. The site is a short distance from the 25th Street LYNX Blue Line light rail station and is served by multiple bus lines. Local amenities include a variety of breweries, fitness centers, and adaptive reuse projects like Camp North End, which contribute to the steady foot and vehicle traffic in the immediate vicinity. The property is suited for retail concepts seeking high visibility and a location within a growing urban corridor. Ideal use cases include showrooms, specialized fitness studios, or neighborhood-serving retail that caters to the local workforce and increasing residential density. Potential tenants may include established regional brands or emerging businesses looking for a functional footprint in a high-growth submarket. The versatile layout supports operators requiring easy customer access and proximity to both the central business district and established creative hubs.

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NOI
$80,000
Cap Rate
4.00%
DSCR
0.67
Underwater
Cash-on-Cash
-6.46%
Monthly Payment
$9,894.909
Annual Cash Flow
$-38,738.905

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