Albemarle Square

Location: Charlotte, NC
Type: Retail
Price: $ 5,000,000

SMC has provided a $5,000,000 first mortgage to refinance the existing debt secured by Albemarle Square, a 50,019 SF retail center located in Charlotte, NC. The Property is currently 100% leased by 9 tenants and anchored by a 40,202 SF Food Lion. Food Lion has been at the Property since 1992 and its current lease expires in March 2025.