7920 Cambridge Commons Drive

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7920 Cambridge Commons Drive

Charlotte, NC 28215
Asking Price
$1.95M
Asset Type
Retail
Class
Class B

What's Special

7920 Cambridge Commons Drive is situated in the Cambridge Village area of northeast Charlotte, positioned near the intersection of Harrisburg Road and Interstate 485. The property is part of a suburban commercial corridor characterized by a mix of established residential neighborhoods and essential service hubs. Local amenities include a variety of grocery-anchored shopping centers, casual dining options, and professional offices. The site benefits from proximity to major transit arteries, offering efficient vehicular access to the University City submarket and the greater Charlotte metropolitan area. The property is suited for a variety of retail and service-oriented applications, including neighborhood clinics, boutique fitness studios, or specialty retail storefronts. Its location within a high-traffic residential buffer makes it an appropriate choice for businesses requiring consistent local visibility. Typical tenants for this asset profile include local service providers, franchise operators, and small-scale retailers seeking to capitalize on the surrounding commuter traffic and the area's growing population density.

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NOI
$80,000
Cap Rate
4.09%
DSCR
0.69
Underwater
Cash-on-Cash
-6.14%
Monthly Payment
$9,667.326
Annual Cash Flow
$-36,007.91

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