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Lightbridge Academy 12830 Eastfield Rd 11,862 SF Retail Building Huntersville, NC 28078 $7,580,714 CAD ($639.08 CAD/SF) 6.25% Cap Rate
INVESTMENT HIGHLIGHTS
- Close proximity to a signalized intersection | Eastfield Rd and Prosperity Church Rd | 38,000 VPD combined
- 2023 construction | Long lease term | 12+ years remaining
- Explosive population growth within a 5-mile radius | 55.86% from 2010- 2025
- Strong performing location | 164 students at 91% occupancy with a waitlist
- Large parcel | 2.18 acres
- Affluent surrounding areas | $149,445 average household income 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 Huntersville, NC. We welcome your review of this attractive investment.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Retail
Building Size
11,862 SF
Building Class
B
Year Built
2023
Price
$7,580,714 CAD
Price Per SF
$639.08 CAD
Cap Rate
6.25%
NOI
$473,792 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
2.18 AC
Zoning
Commercial
Parking
38 Spaces (3.2 Spaces per 1,000 SF Leased)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 027-084-02 | Improvements Assessment | $2,621,295 CAD |
| Land Assessment | $2,645,796 CAD | Total Assessment | $5,267,091 CAD |
PROPERTY TAXES
Parcel Number
027-084-02
Land Assessment
$2,645,796 CAD
Improvements Assessment
$2,621,295 CAD
Total Assessment
$5,267,091 CAD
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Lightbridge Academy | 12830 Eastfield Rd
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