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5730 Dixie River Rd
Charlotte, NC 28278
Lightbridge Academy · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 2024 Construction | Long lease term | 14.5 years remaining
- Affluent surrounding area | $146,136 average household income within a 1-mile radius
- Rapid projected population growth over the next 5 years | 14x national average within a 5-mile radius
- Strategically located near Charlotte Premium Outlets Outlet Mall | 517K SF of prime retail space
- Large residential presence within a 3-mile radius | 4,500+ multifamily units & 800+ single-family homes
- Located inside a dense industrial corridor | 17M SF within a 3-mile radius
EXECUTIVE SUMMARY
Ransome Foose and Carl Brendes of Berkeley Capital Advisors are pleased to present for sale Lightbridge Academy in Charlotte, NC. We welcome your review of this attractive investment.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Day Care Center
Building Size
11,386 SF
Building Class
A
Year Built
2023
Price
$6,091,000
Price Per SF
$534.96
Cap Rate
6.25%
NOI
$380,688
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.61 AC
Zoning
Commercial
Parking
28 Spaces (2.46 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 141-171-04 | Improvements Assessment | $1,428,500 |
| Land Assessment | $744,600 | Total Assessment | $2,173,100 |
PROPERTY TAXES
Parcel Number
141-171-04
Land Assessment
$744,600
Improvements Assessment
$1,428,500
Total Assessment
$2,173,100
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