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Lightbridge Academy 5730 Dixie River Rd 11,386 SF Retail Building Charlotte, NC 28278 $8,337,300 CAD ($732.24 CAD/SF) 6.25% Cap Rate
Investment Highlights
- 2024 Construction | Long lease term | 14.5 years remaining
- Explosive population growth within 1-mile | 404.68% from 2010-2025
- Located inside a dense industrial corridor | 17M SF within a 3-mile radius
- Strategically located near Charlotte Premium Outlets Outlet Mall | 517K SF of prime retail space
- Large parcel | 1.61 acres
- Large residential presence within a 3-mile radius | 4,500+ multifamily units & 800+ single-family homes
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.
Data Room Click Here to Access
- Offering Memorandum
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
$8,337,300 CAD
Price Per SF
$732.24 CAD
Cap Rate
6.25%
NOI
$521,081 CAD
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)
Nearby Major Retailers
Property Taxes
| Parcel Number | 141-171-04 | Improvements Assessment | $1,944,431 CAD |
| Land Assessment | $1,013,527 CAD | Total Assessment | $2,957,959 CAD |
Property Taxes
Parcel Number
141-171-04
Land Assessment
$1,013,527 CAD
Improvements Assessment
$1,944,431 CAD
Total Assessment
$2,957,959 CAD
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Lightbridge Academy | 5730 Dixie River Rd
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