$8,575,000
8.7% cap · 39,190 sq ft RBA · Class C
786 Camden Rd
Charlotte, NC 28202
Listed 2 months ago$219/sq ft
01 / 09
Open Aug 2, 2026For SaleMixed Use
$7,935,000
3292 Park Rd
Plaza Midwood · Charlotte, NC 28204
$364/sq ft11 days on market458 views27 saves
Key facts
- Interior
- 21,780 sq ft
- Lot
- 1.11 acres
- Year built
- 2001
- Property type
- Mixed Use
- Price / sq ft
- $364/sq ft
- Annual taxes
- $80,940
- Days on market
- 11
Getting around
Walk Score77
Very Walkable
Transit Score43
Some Transit
Bike Score57
Bikeable
About this property
A NNN asset in Charlotte with real durability behind the rent roll. Current NOI supports the 6.2% going-in yield with room above it as leases reset. Tours coordinated through the listing team; Charlotte submarket comps included in the package.
Investment summary
Investment summary
Cap rate
6.20%
Net operating income ÷ price
Net operating income
$491,970
Annual, after operating expenses
Cash-on-cash
+1.3%
$31,450 annual cash flow on $2,380,500 equity
Occupancy80%
17,424 sq ft leased of 21,780 sq ft
- Tenants
- 3
- Rentable area
- 21,780 sq ft
- Price / sq ft
- $364/sq ft
- WALE
- 5.0 yrs
- Lease type
- NNN
- Building class
- Class B
- Zoning
- DMU-45
- Parking
- 48 spaces
Cash-on-cash assumes 30% equity, a 6.75% fixed rate and 25-year amortisation — $460,520 of annual debt service. Illustrative only; underwrite with the actual rent roll and operating statements.
Features & amenities
Features & finishes
Interior
- Ground-Floor Retail
Parking & Access
- Freight Elevator
Highlights
- Monument Signage
- Corner Visibility
- Recent Capital Improvements
- 24/7 Card Access
- Opportunity Zone
- Below-Market Rents
- NNN Leases in Place
Price history
Every listing event recorded for this property.
- Listed
- Sold
| Date | Event | Price |
|---|---|---|
| 2016-02-05 | Sold | $5,932,000 |
| 2026-07-14 | Listed | $7,935,000 |
Location
Plaza Midwood, Charlotte — Mecklenburg County
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Approximate location · Plaza Midwood
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Estimated monthly
$48,767/mo
- Principal & interest81%$39,707
- Property tax14%$6,745
- Home insurance5%$2,314
An estimate, not a quote. Insurance is seeded at 0.35% of the purchase price and excludes mortgage insurance, which most lenders require below 20% down.
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Term
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Loan amount $6,348,000 · 30 yr · 6.40%
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