Shopton Square
Retail
Acting as exclusive marketing advisor on behalf of the property owner, Foundry Commercial is pleased to offer to qualified investors the opportunity to acquire Shopton Square (the “Property”), a 24,250 SF, 100% leased retail center located in Charlotte, North Carolina, just 20 minutes south of downtown and 10 minutes from Charlotte Douglas International Airport. The asking price for the property is $6,400,000 ($264 PSF).
The retail center is shadow anchored by a new 20,950 SF Goodwill Outlet Store which will deliver Q1 2024. Other surrounding outparcels not included in the sale are CVS pharmacy, Waffle House and future retail and multi-family developments, all of which drive additional traffic to the center.
Shopton Square is well located within the I-485 highway loop and is minutes from 400,000 SF Charlotte Premium Outlets. The center is also in close proximity to four new master planned mixed-use communities delivering over 8,200 new single family and multi-family units. Shopton Square presents a unique opportunity to acquire a fully stabilized, neighborhood retail center in a highly sought after, growing submarket.
To receive more information or to register for the Offering Memorandum, please visit shoptonsquarecharlotte.com.