Firm Overview Listings Shopping Centers Single-Tenant 1301 Exchanges
Rob Carter
704.379.1982 Office
704.379.1988 Fax
carter@berkeleycap.com
David Webb
7043791967 Office
7043791988 Fax
webb@berkeleycap.com
Alex Quarrier
704.714.2365 Office
704.379.1988 Fax
quarrier@berkeleycap.com
   
Cochran Commons Shopping Center

OFFERING SUMMARY

Cochran Commons is located in Charlotte, North Carolina. The Center benefits from the explosive residential and business growth in the north Charlotte area between Charlotte, Concord and Huntersville. The Center boasts an attractive design and is being offered without an asking price.

SUBMARKET OVERVIEW

The Property is located within a few minutes of the 3,200-acre University Research Park (URP), Charlotte's version of the Triangle area's Research Triangle Park. URP is home to over 40 corporations and provides jobs for more than 23,000 employees. Employers in the URP include TIAA-CREF, IBM, Wachovia, Bell South, Verbatim, EDS, AT&T, Allstate, and Duke Energy.

 

DEMOGRAPHICS
   
  1-Mile 3-Mile 5-Mile  
2006 Population Est. 7,468 56,487 113,061  
Est. Pop. Growth (2006-2011) 25.88% 25.23% 20.57%  
Average HH Income $102,305 $108,118 $91,934  
Population Growth (1990-2000) 372.58% 322.89% 122.90%  
OFFERING MEMORANDUM & FILES
Cochran Commons Offering Memorandum
 
Profiles
Location: Mallard Creek and Mallard Church Road - Charlotte, NC
Building Area: 66,020 s.f.
Year Built: 2003
Occupancy: 100%
   
Anchor Tenants Lease Expiration Square Feet
Harris Teeter (41,500 s.f.) September 2023 n/a
   
NET OPERATING INCOME $970,000
   
CAP RATE -
   
OFFERING PRICE Unpriced
©2006 Berkeley Capital Advisors - 831 East Morehead, Suite 650 // Charlotte, South Carolina 28202 // 704-379-1980
Listings Database by Reaction Web
Client References Recent News Contact Us Berkeley Capital Advisors - Real Estate Investment Sales