Northlake Centre Pkwy.

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Northlake Centre Pkwy.

Charlotte, NC 28216
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

What's Special

Land | 3.92 acres <ul><li>​The subject property is located on a well traveled (16,500 VPD) surface street and offers convenient access to major interstates (I-77 and I-485).</li><li>​The subject property is surrounded by newly developed, class A multi-family apartment complexes with +/-1,600 units already completed and another +/-1,000 under construction or in permitting within the Northlake Master Plan.</li><li>​The subject property benefits from two full movement intersections located on the north and south pro

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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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