Overview
Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of a vacant gas station space in one Charlotte, NC’s . The offering provides investors or users the opportunity to own a 3,479 SF, 2nd generation C-store in one of Charlotte’s premier and fastest growing neighborhoods. The asset is positioned about 1 mile from uptown Charlotte along N. Tryon St which connects the bustling uptown Charlotte with retail and industrial heavy area right before NODA. The area has popular breweries coffee shops and restaurants that attract thousands of people daily. The neighborhood’s walkability encourages foot traffic, benefiting local retailers and fostering a sense of community. Additionally, its growing popularity makes it a prime location for new businesses, enhancing the overall experience.
Investment Highlights
7-Eleven Dark Rent
- 2 years remaining on the lease
- 7-Eleven has vacated the property but still paying rent, which allows for flexibility in cashflowing in the interim or terminating the lease early with 7-Eleven
Dense & Affluent Surrounding Demographics
- Above Average HHI and Population in the Area
- 121k people in a 3 mile radius of the site as well as an AHHI in a 3 mile radius of $105k
Well Positioned Corner Lot
- Positioned at the lighted intersection of Dalton Ave (9,500) and N. Tryon St (21,500 VPD)
- Two access points (one on Dalton Ave and one on N. Tryon St)
- Approximately a half-mile to Optimist Hall, 1 mile to Camp North End, 1-mile to Uptown, and 2 Miles to NoDa
Prime Redevelopment Site
- Least intensive zoning category (ML-2) provides for a flexible uses and easy rezoning ability
- Adjacent sites have recently been rezoned to multi-family
- All Underground Storage Tanks & Canopy’s have been removed
A Top Performing Market Nationally
- Charlotte, NC ranked #5 in 2022 of best residential markets (Rocket Mortgage)
- Charlotte forecasts a 45.2% job growth over the next 10 years (4.6% growth from 2021 to 2022)
- 5th fastest growing city from 2021 to 2022 (population change: 15,217)
Fast Growing North End / Optimist Park Submarkets
- Over 5.2K apartment units have delivered since 2019 in a 1-mile radius, a 112% supply growth
- 2,249 units are currently under construction
- North Tryon St. has around 21k VPD and connects the popular Charlotte area NODA with Uptown Charlotte
Photo Gallery
Sales Team
