PAWTUCKETT SHOPPING CENTER

Pawtuckett Shopping Center

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PAWTUCKETT SHOPPING CENTER
7917 Moores Chapel Rd, Charlotte, NC 28214

PRICE $2,495,000
GLA 46,486 SF
PROPERTY TYPE Shopping Center
CAP RATE 9.8%
OCCUPANCY 93%
YEAR BUILT 1978
DEMOGRAPHICS
Total Population
1 – mi. – 6,420
3 – mi. – 47,458
5 – mi. – 109,828
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INVESTMENT HIGHLIGHTS

  • Well established retail strip center with long term and newly placed tenants
  • Stable Investment – Consistent occupancy rates
  • Anchored by a regional discount furniture chain with 7 locations throughout North Carolina
  • Credit Tenancy –  tenants include Dollar General and Metro PCS
  • NNN leases in-place
  • Value-Add Opportunity – 2 vacant units (1,097 SF and 1,800 SF)
  • 258 Parking Spaces
  • Great Visibility – Located at the intersection of Little Rock Rd., Moore’s Chapel Rd, and Freedom Dr.
  • Location – 7.8 miles from downtown Charlotte and 1.6 miles from I-485

City:Charlotte
State:NC
Square Feet:46,486 SF
Price:$2,495,000
Cap Rate:9.8%

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