The Terraces at Park Place, Pineville, Charlotte, North Carolina

The Terraces at Park Place is a supermarket anchored shopping centre, renovated in 2001, and consisting of 1 main building and 2 adjoining buildings collectively containing approximately 7,655 square meters on a 37,923 square meter site. The property is well leased and incorporates a number of national retailers including a Bi-Lo supermarket, Starbucks outlet and Mecklenburg Bridal. 

Value
US $12,450,000
Valuation Date
July 13, 2011
Valuer
CBRE
Lease Expiry
3.2 years by income
Major Tenant
Bi-Lo
Expiry (Major Tenant)
November 2016
Building Area
7,655 m2
Site Area
37,923 m2
Car Spaces
410

Location

The Terraces at Park Place is situated 19 kilometres from the Charlotte Central Business District. The property occupies a prominent site with frontages to Pineville-Matthews Road (Highway 51), the Interstate 485 (the Charlotte Ring-Road) and Park Road. nd 2011.

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