1825 Back Creek Dr | Charlotte, NC 28213
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- LoopNet Team
1825 Back Creek Dr
Charlotte, NC 28213
Retail Property For Sale
Investment Highlights
- Long-Term Lease – 8 years remaining, with one 10-year option to renew.
- Superior Tenant Strength – Tenant has been in business since 1993 and has consistently served as a trusted child care provider for families
- Desirable Submarket – Located in Charlotte’s University City neighborhood, home to major employers including UNC Charlotte, Atrium Health, Wells Fargo
- Intrinsic Value – Replaceable rent of $24.92/SF, consistent with market rent for the area and for similar childcare tenants.
- Optimal Accessibility – Situated off East W.T. Harris Blvd – NC 24 (±48,000 VPD), providing seamless access to/from the area’s employers
- Favorable Tax Structure - Property taxes in Mecklenburg County, NC are not reassessed upon change in ownership
Property Facts
Property Type
Retail
Property Subtype
Day Care Center
Building Size
7,900 SF
Building Class
C
Year Built
2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.05 AC
Zoning
BPCD - Business Park Conditional District
Parking
29 Spaces (3.67 Spaces per 1,000 SF Leased)
Amenities
- Fenced Lot
- Signage
- Wheelchair Accessible
- Air Conditioning
Property Taxes
| Parcel Number | 105-371-31 | Improvements Assessment | $1,212,900 |
| Land Assessment | $458,000 | Total Assessment | $1,670,900 |
Property Taxes
Parcel Number
105-371-31
Land Assessment
$458,000
Improvements Assessment
$1,212,900
Total Assessment
$1,670,900
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