6445 Old Statesville

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6445 Old Statesville

Charlotte, NC 28269
Asking Price
$1.76M
Asset Type
Retail
Class
Class B

What's Special

6445 Old Statesville Road is situated in North Charlotte, positioned within a established commercial and residential corridor. The property offers direct frontage on a primary thoroughfare, providing high visibility to local traffic. The surrounding neighborhood features a mix of mid-century residential communities and industrial business parks. Notable nearby amenities include various local dining options and retail centers, while the location offers efficient access to the Interstate 77 and Interstate 85 interchange. This connectivity links the site to both the Charlotte central business district and the growing northern suburbs. The asset is suitable for a range of retail applications, including neighborhood service providers, specialized storefronts, or small-scale distribution hubs. Ideal tenant profiles encompass local service businesses such as automotive parts retailers, convenience stores, or professional service firms seeking a high-traffic location outside of the downtown core. The building's layout and accessibility support businesses that require frequent customer turnover or those serving the immediate residential population. The property’s zoning allows for diverse commercial uses, catering to tenants focused on regional accessibility and local market penetration.

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NOI
$80,000
Cap Rate
4.55%
DSCR
0.77
Underwater
Cash-on-Cash
-4.64%
Monthly Payment
$8,707.52
Annual Cash Flow
$-24,490.237

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