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3800 Brookshire Blvd, Charlotte, NC, 28216

3800 Brookshire Blvd

$1,650,000

Key Information

Cap Rate
9.45%
Tot. SF
2,676
Lot Size
0.78 Acres
Year Built
1978
Type
Retail
NOI
$156,000

Highlights

• Former Wendy’s Building – originally built as a Wendy’s QSR, ideal for a QSR, coffee, or other drive-thru user
• Near-Term Control – the year-to-year lease (current term through December 2026) gives a buyer near-term control of the site to redevelop, re-tenant, or occupy as an owner-user.
• Income During Planning – $156,000 of in-place NOI (9.45% cap rate) while a buyer plans, entitles, or markets the site.
• Oversized (±0.78 AC) Parcel – ±53,000 VPD | Brookshire Blvd Frontage
• Lot Size – ±0.78 acres with room for a drive-thru & dedicated on-site parking.
• Building – ±2,676 SF | Built 1978
• High Traffic Counts – positioned on Brookshire Blvd (NC-16) seeing ±58,000 vehicles per day (VPD), right off I-85 which sees ±147,000 VPD
• Strong Retail Node – directly next to Mobil and across from Raceway, with Starbucks, Burger King, Jack in the Box, Family Dollar, & a Mecklenburg County ABC Store all within ±0.25 miles.
• Proximity to Uptown – ±4 miles northwest of Uptown Charlotte via Brookshire Blvd & the Brookshire Freeway (I-277), with convenient access to I-85, I-485, & Charlotte Douglas International Airport.
• Lease Summary – Year-to-Year, NN+ lease to Elite Arcade at $156,000/year; Landlord responsible for roof & structure only.

Photos

Location

Agents

Broker of Record

Gerard Hamas

License # 362768, C42113 (NC)
Matthews of North Carolina, LLC
307 W. Tremont Ave., Ste 200, Charlotte, NC 28203