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Terraces Shops 9105 Pineville Matthews Rd

4,000 SF 100% Leased Retail Building Pineville, NC 28134 £1,659,021 (£415/SF) 6.23% Net Initial Yield

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Investment Highlights

Affluent & Dense Demographics | 6,200 people within a 1-mile radius with AHHI of $95,000
Nearby Medical | Adjacent to 307-bed Atrium Hospital

Strong Foot Traffic Data | Both tenants have increased visits 23%+ Yo2Y
High Traffic Counts & Interstate Access | 175.5K Combined VPD on I-485 and NC-51

Executive Summary

CBRE National Retail Partners - Carolinas is pleased to offer for sale Terraces Shops, a 4,000 SF unanchored strip in Pineville (Charlotte MSA), NC. Terraces Shops is located just off an intersection of I-485 and NC-51 which observes a total of 175,500 vehicles per day. The center benefits from nearby affluent suburbs Quail Hollow and Ballantyne where average household incomes exceed $150,000.