8940 S Tryon St

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8940 S Tryon St

Charlotte, NC 28273
Asking Price
Contact for price
Asset Type
Retail
Class
Class B

What's Special

8940 South Tryon Street is located in the Whitehall/Ayrsley area of Southwest Charlotte, a growing mix of residential subdivisions and corporate offices. The property is situated along a primary commercial corridor with high visibility and direct access to Interstate 485 and Interstate 77. Nearby amenities include the Ayrsley town center, numerous fast-casual dining options, and several hospitality flags catering to business travelers. Public transit is available via the Charlotte Area Transit System, which services the immediate vicinity. The property is suited for general retail, service-oriented businesses, or medical-office conversions. Typical tenants in this submarket include neighborhood service providers, fitness studios, and specialty retail shops that benefit from the daily commuter traffic and the local workforce. The site is positioned to serve both the surrounding residential population and the daytime employees from the nearby Whitehall Corporate Center.

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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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