602 Sugar Creek Road

    Charlotte, NC 28213
    • $1,200,000
    • STATUS: Active
    • ON SITE: 229 days
    • ID#: 3462517
    UPDATED: 75 min ago
    $1,200,000
    • 0
      BEDS
    • 0.53
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,500
      SQFT
    • $141
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2007
    County:
    Area:

    School Ratings & Info

    Offered by A.G. Williams R.E. Appraisal. Copyright 2019 Carolina Multiple Listing Services. All rights reserved.

    Description

    Turnkey retail shopping center in the heart of the general Charlotte Business district. Well maintained and well managed 7 unit retail center, fully leased and cash flowing. No upfit investment needed, this property is ready to go as is. Currently producing $10,000 per month ~ or ~ $120,000 per year. Monthly expenses for electricty, water, trash, landscaping, taxes, insurance and maintenance; $2,000 per month ~ or ~ $24,000 per year. Net income $96,000 per year. Mid to high traffic area with great visibility and road frontage.

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    Based on information submitted to the MLS GRID as of 2019-08-22T21:58:58.047 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Carolina Multiple Listing Services, Inc. IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Homes Charlotte nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2019 Carolina Multiple Listing Services, Inc.

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    www.homescharlotte.com/homes/90619682

    602 Sugar Creek Road Charlotte, NC 28213

    • Price: $1,200,000
    • Status: Active
    • Updated: 75 min ago
    • ID#: 3462517
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.53
    Acres
    8,500
    SQFT
    $141
    $/SQFT
    2007
    Built
    Neighborhood:
    Charlotte
    County:
    Mecklenburg
    Area:
    Charlotte
    Property Description
    Turnkey retail shopping center in the heart of the general Charlotte Business district. Well maintained and well managed 7 unit retail center, fully leased and cash flowing. No upfit investment needed, this property is ready to go as is. Currently producing $10,000 per month ~ or ~ $120,000 per year. Monthly expenses for electricty, water, trash, landscaping, taxes, insurance and maintenance; $2,000 per month ~ or ~ $24,000 per year. Net income $96,000 per year. Mid to high traffic area with great visibility and road frontage.
    Exterior Features

    Buildings 1 Foundation Concrete Rail Service No Road Frontage 180 Roof Metal Total Parking 43

    Interior Features

    Cooling Central Heating CentralGasNatural Gas Max Sq Ft Avail 8500 Min Sq Ft Avail 8500

    Property Features

    Agent Owner No Commercial Type Retail Center Construction Status Complete Easements DrainageElectricGasSewerWater Flood Plain No Gross Operating Income 120000 Gross Scheduled Income 120000.00 In City Yes New Construction No Operating Expenses 2000.00 Other Income 0.00 Potential Income 120000.00 Rentals 7 Restrictions N/A Restrictions Description None Sale Lease Includes Building Secondary Type Retail Center Special Conditions None Utilities CableCity SewerCity WaterElectricityGas Vacancy Rate 0 Zoning B1



    Based on information submitted to the MLS GRID as of 2019-08-22T21:58:58.047 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Carolina Multiple Listing Services, Inc. IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Homes Charlotte nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2019 Carolina Multiple Listing Services, Inc.

    Digital Millennium Copyright Act
     
    Homes Charlotte
    3337 Monroe Rd.
    Charlotte NC, 28205
    Offered by A.G. Williams R.E. Appraisal. Copyright 2019 Carolina Multiple Listing Services. All rights reserved.