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3080 Milton Rd
Charlotte, NC 28215

Retail Property For Sale

Investment Highlights

  • Walgreens’ original lease set to expire in 2018 was extended by 10 years in 2015 and now features ±6.8 years of term remaining w/eight 5-year renewal
  • Major retailers in the immediate vicinity include Walmart Neighborhood Market, ALDI, Food Lion, Family Dollar, Cook Out, Pizza Hut, Firestone, Popeyes
  • Part of North Carolina’s “Urban Crescent” region (Population: 7.2 Million), Charlotte is the economic stronghold of the Charlotte-Concord-Gastonia, NC
  • Landlord recently replaced the roof, restriped the parking lot, repainted columns and power-washed the property in 2018.
  • The site is walking distance to a myriad of apartment complexes and homes (13,916 multifamily units and 33,783 households within a 3-mile radius), pro

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
13,905 SF
Building Class
B
Year Built
1998
Tenancy
Single
Number of Floors
1
Building FAR
0.18
Lot Size
1.81 AC
Zoning
B2CD
Parking
68 Spaces (4.93 Spaces per 1,000 SF Leased)
Frontage
142 ft on Milton Rd

Amenities

  • Bus Route
  • Freeway Visibility
  • Pylon Sign
  • Signage
  • Signalised Intersection
  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
099-221-11
Land Assessment
£1,739,327
Improvements Assessment
£2,288,475
Total Assessment
£4,027,802
  • Listing ID: 24862209

  • Date on Market: 18/01/2022

  • Last Updated:

  • Address: 3080 Milton Rd, Charlotte, NC 28215

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