6625 E Independence Blvd

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6625 E Independence Blvd

Charlotte, NC 28212
Asking Price
$4.16M
Asset Type
Retail
Class
Class B

What's Special

6625 E Independence Blvd is situated along a major commercial corridor in East Charlotte, characterized by high traffic volume and dense retail activity. The property offers direct frontage on Highway 74, a primary arterial route connecting the city center to suburban Matthews. The surrounding neighborhood features a mix of established shopping centers, automotive dealerships, and diverse dining options. Excellent logistical connectivity is provided by proximity to the I-485 outer beltway and multiple bus transit stops, ensuring consistent accessibility for both commuters and local residents within the growing Mecklenburg County area. The property is suited for high-visibility retail uses, including showroom space, hardware supply, or specialized consumer services. Its positioning along a high-decibel transit artery makes it an ideal location for destination retailers or national chains requiring significant daily vehicle counts and clear signage opportunities. Typical tenants for this asset profile include service-oriented businesses, discount retailers, or automotive-related enterprises that benefit from the corridor’s existing commercial synergy. The layout supports businesses seeking a combination of customer-facing sales areas and flexible back-of-house storage.

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NOI
$80,000
Cap Rate
1.93%
DSCR
0.32
Underwater
Cash-on-Cash
-13.37%
Monthly Payment
$20,559.424
Annual Cash Flow
$-166,713.085

Location & Travel Times