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Carrington Square

  • Investment
  • New
2917 Providence Road South, Waxhaw, NC 28173
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Carrington Square multi-tenant retail building with brick facade
aerial birds eye view of Carrington Square retail center in Waxhaw, NC
Carrington Square retail building exterior collage
drone aerial of Waxhaw, NC and Carrington Square retail center near Lowe's and Aldi
Waxhaw residential activity aerial with proposed future and currently active developments
Market aerial with retail and major hospitals for Waxhaw Weddington and South Charlotte North Carolina

Home | Properties | Carrington Square

Details

For

Sale

Size

1.09 ACAcres

Price

$3,916,094

Overview

  • Affluent South Charlotte Location – Average household incomes exceed $197,000
  • Shadow-Anchor to ALDI – Co-tenancy with Aldi drives anchor-quality foot traffic
  • Amazon & Recession-Resistant Tenants
  • Contractual NOI Growth – Annual rent escalations hedge inflation and compound asset value with no capital required
  • High Barrier-to-Entry Market – Limited land, tight zoning, and surging residential growth create structural scarcity – protecting from new supply and driving rental rates across the submarket
  • Retail Synergy – Adjacent to ALDI, a national grocer that attracts strong daily foot traffic, and positioned alongside popular local retailers including Lowes Foods, Atrium Health, Lowe’s Home Improvement, Walmart Neighborhood Market, Harris Teeter, McDonald’s, Bojangles, and East Coast Wings

Multi-Tenant NNN Investment Opportunity | Charlotte MSA

Contact

Mark Newell

Partner

Josh Suggs

Director of Investment Sales

Chad Pyke

Broker

Ferris Edwards

Investment Sales Associate

Property Uses

#Medical #Retail #Commercial

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