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4755 Prosperity Church Rd
Charlotte, NC 28269
Guidepost Montessori · Specialty Property For Sale
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16,193 SF
Property Facts
| Property Type | Specialty | Building Size | 16,193 SF |
| Property Subtype | School | No. Stories | 1 |
| Building Class | C | Year Built | 1964 |
| Lot Size | 4.63 AC | ||
| Zoning | R3 - Residential | ||
| Property Type | Specialty |
| Property Subtype | School |
| Building Class | C |
| Lot Size | 4.63 AC |
| Building Size | 16,193 SF |
| No. Stories | 1 |
| Year Built | 1964 |
| Zoning | R3 - Residential |
About 4755 PROSPERITY CHURCH RD , CHARLOTTE, NC 28269
Capital Pacific is pleased to present the opportunity to acquire Guidepost Montessori Charlotte located in the heart of the burgeoning Charlotte, NC, MSA. The subject property is newly renovated and features a 20-year lease with 2.50% annual rent increases, including through the option periods. The tenant is the largest corporate Montessori school operator in the U.S., operating 42 locations nationally. The lease is guaranteed by Guidepost’s parent company, Higher Ground Education (HGE), which is valued at $100M. The subject property is located in North Carolina’s largest commercial hub, Charlotte, the 3rd fastest growing city in the U.S. It features standalone visibility and appeal along Prosperity Church Road, a major thoroughfare that connects directly to the nearby I-485 freeway. The trade area boasts average household incomes over $94,000 within 1-mile and $100,000 within 3 miles. As a result of these affluent demographics, schools in the area are able to command very high tuitions.
Property Taxes
| Parcel Number | 027-551-98 | Improvements Assessment | $1,971,300 |
| Land Assessment | $1,781,700 | Total Assessment | $3,753,000 |
Property Taxes
