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Shoppes at Toringdon 12194 Johnston Rd

8,008 SF 100% Leased Retail Building Charlotte, NC 28277 $6,378,615 CAD ($797 CAD/SF) 6.66% Cap Rate

Investment Highlights

  • Strong Demographics with an Average Household Income of $150,000+, 40% Higher Than the Charlotte Average
  • High Projected Growth of 6% and Daytime Population Exceeds Local Residents
  • Across from Four Hotels, Numerous Parks, and The Bowl at Ballantyne, a Vibrant, New Dining and Retail District
  • Over 50% of the Adult Population Have Earned a Bachelors Degree or Higher
  • Across from the Ballantyne Corporate Park- A Mixed-Use Development Featuring 4.5 Million Square Feet of Class A Office and Medical Space
  • Ease of Management with Three Service-Oriented Tenants Which Have All Been at the Center Since Construction

Data Room Click Here to Access

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,008 SF
Building Class
B
Year Built
2013
Price
$6,378,615 CAD
Price Per SF
$797 CAD
Cap Rate
6.66%
NOI
$424,867 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.13
Lot Size
1.39 AC
Zoning
CC - Commercial
Parking
65 Spaces (8.12 Spaces per 1,000 SF Leased)
Frontage
121 ft on Johnston Rd

Amenities

  • Bus Line
  • Freeway Visibility
  • Signage

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Retailer
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

Trek started in a small Wisconsin barn in 1976, but their founders always saw something bigger. Forty-four years later, they're on a mission to make their world a better place to live and ride. They build only products they love, provide incredible hospitality to their customers, and change the world by getting more people on bikes. Trek is a place where you’re valued for being you. If you’re really into bikes, that’s great. If you’re not (yet), that’s great too. Because there’s a lot more to Trek than bikes. Every person has a unique history and life experience to bring to the table. They respect that. It’s what makes them who they are. At Trek, there's only one standard you have to meet - love.

Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Retailer - - Lorem Ipsum Jan 0000

Nearby Major Retailers

LA Fitness
Hickory Tavern
Earth Fare
Flower Child
North Italia
The YMCA
Cava
Chicken Salad Chick
Big Blue Swim School
The Fresh Market

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
223-231-47
Land Assessment
$3,807,547 CAD
Improvements Assessment
$1,653,645 CAD
Total Assessment
$5,461,192 CAD
  • Listing ID: 33414570

  • Date on Market: 2024-10-04

  • Last Updated:

  • Address: 12194 Johnston Rd, Charlotte, NC 28277

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