435 E Morehead Sale

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435 E Morehead Sale

Charlotte, NC 28202
Asking Price
$1.70M
Asset Type
Retail
Class
Class B

What's Special

435 East Morehead Street is situated at a high-visibility intersection in Charlotte’s Midtown district, positioned between the central business district and the historic Dilworth neighborhood. The property benefits from its proximity to major corporate offices, luxury residential towers, and the Atrium Health Main campus. It offers direct connectivity to the financial core via the I-77 and I-277 interchange, while nearby access to the Lynx Blue Line light rail and the Sugar Creek Greenway enhances pedestrian and commuter reach. The asset is suitable for high-street retail, specialized boutiques, or premium food and beverage operators seeking exposure to a dense daytime professional population. Given the local demographics, the space is well-positioned for service-oriented tenants, including fitness studios, medical spas, or upscale showrooms. The site caters to a mix of affluent urban residents and regional commuters who frequent the Morehead Corridor for business and leisure.

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NOI
$80,000
Cap Rate
4.71%
DSCR
0.79
Underwater
Cash-on-Cash
-4.10%
Monthly Payment
$8,410.672
Annual Cash Flow
$-20,928.069

Location & Travel Times