6027 N Tryon St

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6027 N Tryon St

Charlotte, NC 28213
Asking Price
$12.05M
Asset Type
Retail
Class
Class B

What's Special

Located at 6027 North Tryon Street, this retail property sits within a busy commercial corridor in Northeast Charlotte. The site is positioned near the intersection of Old Concord Road and is less than one mile from the Tom Hunter light rail station, providing direct transit access to Uptown. The surrounding neighborhood features a mix of established residential communities, automotive services, and local businesses. High daily traffic counts on North Tryon Street provide visibility, while proximity to the University Heights area and the I-85 interchange facilitates regional connectivity. This location is suited for businesses seeking high-exposure frontage and accessibility to a diverse local demographic. Potential use cases include neighborhood service retail, convenience stores, or specialty automotive showrooms. The site aligns with the needs of value-oriented retailers, discount stores, or quick-service food operators catering to commuters and nearby residents. Typical tenants would benefit from the area’s dense population and the consistent flow of vehicle traffic between the University City district and Charlotte’s central business core.

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NOI
$80,000
Cap Rate
0.66%
DSCR
0.11
Underwater
Cash-on-Cash
-17.58%
Monthly Payment
$59,622.322
Annual Cash Flow
$-635,467.863

Location & Travel Times