6407 South Boulevard

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6407 South Boulevard

Charlotte, NC 28217
Asking Price
$10.00M
Asset Type
Retail
Class
Class B

What's Special

6407 South Boulevard is located in the Pineville-Matthews submarket of Charlotte, North Carolina. The property situated along a high-traffic commercial corridor characterized by a mix of established retail centers, automotive services, and residential communities. The location offers direct accessibility via multiple curb cuts on South Boulevard and is positioned less than two miles from the I-485 interchange. Nearby amenities include the Carolina Place Mall and various national big-box retailers. Public transit is available through local bus routes, and the property is within proximity to the LYNX Blue Line light rail stations. The asset is suitable for retail uses requiring high visibility and consistent daily traffic counts. Possible applications include neighborhood service providers, specialty showrooms, or general merchandise outlets. The typical tenant profile includes mid-sized regional retailers, franchise operators, and essential service businesses seeking a central position between the affluent South Park area and the growing suburban markets of Pineville and Fort Mill. The flexible floor plan supports diverse layouts, ranging from open-concept sales floors to partitioned service environments.

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NOI
$80,000
Cap Rate
0.80%
DSCR
0.13
Underwater
Cash-on-Cash
-17.12%
Monthly Payment
$49,474.544
Annual Cash Flow
$-513,694.526

Location & Travel Times