Andrew Margulies
Senior Managing Director | Investments
Andrew.Margulies@marcusmillichap.com
NC: 264059, IL: 475147606
Harrison Creason
Senior Director | Investments
Harrison.Creason@marcusmillichap.com
SC: 91161, NC: LC1015
Eastland Promenade
Charlotte, NC
- List Price $6,000,000
- Total GLA 26,615 SF
- Year Built 1988
Investment Highlights
- 26,615 SF Multi-Tenant Retail Center | 99 Parking Spaces
- Ten (10) Suites | Average Suite Size: 2,661 SF | New Roofs Installed in 2025
- Short Leases Allow for Reposition Opportunity | WALT: 0.6 Years | No Renewal Options
- Significant Mark-to-Market Leasing Opportunity | Average Rent Per SF: $13.50 (Gross) | 5-Year CAGR: 13%
- Desirable Infill Location | 250 Feet of Frontage on Albemarle Rd with 41,500+/- VPD
- 5 Miles (10-Minute Drive) to Uptown Charlotte
- Dense Demographics: More Than 112,000 Population in 3-Mile Radius
- Adjacent to Eastland Yards Mixed-Use Development (80 acres) | Significant Public & Private Investment Transforming Surrounding Trade Area