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2306 Central AveCharlotte, NC 28205
Infill Retail - Plaza Midwood / Charlotte
Asset ClassRetail
Occupancy100%
% Leased: 100%Weighted Average Lease Term: 4.3 YearsAVG In Place Rent: $35.01 / SFAccess Data Room
Plaza Midwood - Retail
overview of deal

Overview

Trinity Partners is pleased to serve as exclusive advisor to the owner of 2306 - 2308 Central Avenue, and 1533 Iris Drive. This exceptionally well-located retail investment opportunity features 100% occupancy, substantially below market rental rates, 4.3 years of WALT, and unrivaled access to one of the leading real estate markets in the U.S.

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Investment Highlights

GENERATIONAL OPPORTUNITY TO ACQUIRE A BEST-IN-CLASS, TWO-BUILDING RETAIL PROPERTY IN PLAZA MIDWOOD

  • Urban, infill location with dense amenities and high barriers to entry
  • Highly successful, established restauranteur
  • NNN lease structure with limited owner responsibilities
  • Corner parcel with unmatched visibility
  • Discount to replacement cost

RECENTLY RENOVATED ADAPTIVE REUSE PROFILE

  • Fully renovated in 2018-2019
  • Visually stunning architectural improvements with enhanced functionality, flow, and accessibility

BEST-IN-CLASS ACCESS

  • Situated 0.5 miles from The Plaza/Central Avenue intersection
  • Adjacent/contiguous to Veterans Park and Iris Drive’s connection to McClintock Road
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2306 Central AveCharlotte, NC 28205
Veterans Park
Resident Culture
Harris Teeter
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Listing provided by Revere CRE