8455 Pit Stop Ct NW

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8455 Pit Stop Ct NW

Concord, NC 28027
Asking Price
$8.99M
Asset Type
Retail
Class
Class B

What's Special

8455 Pit Stop Ct NW is situated in a high-traffic retail corridor in Concord, North Carolina, directly adjacent to the Charlotte Motor Speedway. The property is positioned within a dense commercial hub characterized by automotive services, hospitality, and large-scale entertainment venues. Nearby amenities include the Concord Mills mall and a variety of national dining franchises. The location offers immediate access to US-29 and is less than two miles from Interstate 85, providing efficient regional connectivity to the greater Charlotte metropolitan area. The property is well-suited for businesses that benefit from high regional tourism and automotive-oriented consumer bases. Ideal use cases include specialty retail, showroom space, or consumer service centers. Given the proximity to major transit arteries and sports venues, typical tenants may include nationwide retail chains, motorsports-related enterprises, or high-volume food and beverage operators. The asset provides a strategic footprint for professional tenants seeking visibility within a well-established commercial district.

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NOI
$80,000
Cap Rate
0.89%
DSCR
0.15
Underwater
Cash-on-Cash
-16.83%
Monthly Payment
$44,502.352
Annual Cash Flow
$-454,028.226

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