4000 Memorial Parkway, Charlotte, NC for sale

Investment Overview

National Storage Partners is please to present a by-right self-storage development opportunity on a highly visible corner site in Charlotte, North Carolina. The ±1.9-acre parcel (±1.3 acres developable) is located in one of the nation’s fastest-growing urban markets. Zoned MUDD-O (Mixed Use Development District), the site sits at the entrance to City Park, a 150-acre master-planned community developed over the past 15 years. The property benefits from strong visibility and access, with approximately 21,400 vehicles per day along W. Tyvola Road and surrounding retail and residential uses driving consistent demand. Conceptual plans call for a four-story facility totaling approximately 101,850 SF of self-storage and 3,150 SF of retail, enabling an efficient and market-oriented building design. ESRI projections indicate the population within a 10-mile radius is expected to reach 740,969 by 2059, with per capita income projected to increase 3.51%, supporting long-term demand, pricing power, and NOI growth. With by-right zoning, high-traffic frontage, and strong demographics, the site offers a compelling opportunity to develop.

Investment Highlights

• 1.9 Acres (+/- 1.3 developable)
• MUDD-O Zoning - Self-Storage Development by right
• Conceptual Site Plan Yields +/- 101,850 NRSF with 3,150 SF of Retail space