Updated Oct 16, 2026
Karen Colberg Of King Arthur Baking Co. Leases Retail Space At 4425 Sharon Road In Charlotte
4425 Sharon Road, Suite 160
Building Size
4,300 SF
Asset Type
Retail
Closing
Oct 16, 2026
About this deal
AI
The property asset is a retail space located at 4425 Sharon Road, Suite 160, in Charlotte, NC. The space covers a total of 4,300 square feet and will serve as the first retail location for King Arthur Baking Co. in North Carolina, planned to open on November 7, 2026.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 4425 Sharon Road, Suite 160
- Market: Charlotte, NC
- Square Footage: 4,300 SF
- Tenant: Karen Colberg - King Arthur Baking Co.
King Arthur Baking Co. will utilize the retail space as a pop-up shop, offering baking supplies, ingredients, and equipment until early 2028, without plans for establishing a permanent location in Charlotte.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93