1720 Oakdale Rd, Charlotte, NC, 28216
1720 Oakdale Rd
Key Information
Highlights
• Hard Corner with Double Access: The site sits on a hard corner with two points of access, so it’s easy for customers to get in and out and it’s visible from both directions. That’s exactly what retail, restaurant and service users look for.
• Across from Oakdale Elementary: The school directly across the street brings steady daily traffic from parents, staff and families during morning and afternoon drop off and pickup.
• Sub $1M Entry Point: A freestanding commercial building on ±1.55 acres for under $1M is hard to find in Charlotte. It works for an owner user, a private investor or a 1031 exchange buyer.
• Built for Customer Traffic: The building was designed for a bank, so visibility, parking and site access are already in place.
• Oversized Lot: At ±1.55 acres, the site is larger than a typical branch pad, leaving room for added parking, an expansion or future redevelopment.
• Vacant and Ready: An owner user can move in right away, or an investor can lease it up at today’s rents.
• Flexible Reuse: Former bank branches convert well to quick service restaurants, coffee, medical, urgent care, retail and service uses.
• Value Add Upside: Investors can reposition the property and sign a new tenant to a long term lease, ending up with a stabilized income property at a basis under $1M.
• Strong Market Fundamentals: Charlotte is one of the fastest growing metros in the Southeast, and its population and job growth continue to drive retail demand.
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