8648 JW Clay Blvd

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8648 JW Clay Blvd

Charlotte, NC 28262
Asking Price
Contact for price
Asset Type
Retail
Class
Class B

What's Special

Located at 8648 JW Clay Blvd, this retail property sits within the University City submarket of Charlotte, North Carolina. The neighborhood is characterized by its proximity to the University of North Carolina at Charlotte and the University Place mixed-use development. The site is situated near various shopping centers, hotels, and professional office parks. Transportation access is provided by major thoroughfares including W.T. Harris Boulevard and Interstate 85, while the JW Clay Blvd/UNC Charlotte light rail station is located within walking distance, connecting the area to Uptown Charlotte. The property is suited for general retail, service-oriented businesses, or food and beverage establishments. Typical tenants in this corridor include national franchises, regional retailers, and local businesses serving the student population and corporate employees. The surrounding demographic profile consists of university students, faculty, and residents of nearby multi-family developments. Given the consistent foot traffic and vehicle counts associated with the university district, the location is ideal for high-visibility commercial uses requiring proximity to a growing academic and professional hub.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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