Carmel Village

Location: Charlotte, NC
Type: Retail
Price: $12,300,000

SMC has provided a $12,300,000 ten-year fixed rate mortgage for the refinance of Carmel Village, a 53,795 SF 2-story unanchored shopping center located in Charlotte, NC. The Property is 92% occupied by 22 tenants including Bonefish Grill, Panera Bread, AT&T, Smoothie King, State Farm, and Edward Jones. The Property is located at the corner of Highway 51 and Carmel Road. Highway 51 is a major retail and office corridor in the Charlotte market.