8620 Research Dr - Dual-Pad Development Site | 3.07 AC 3.07 Acres of Commercial Land in Charlotte, NC 28262

Northmarq, as exclusive agent, is pleased to present to qualified investors the opportunity to acquire the fee simple interest in the development site located at 8620 Research Drive in Charlotte, North Carolina. Totaling 3.07 acres, the property is pending site plan and building permit approval for a day care facility and a future office/retail building. The single-tenant day care will total approximately 10,000 square-feet, and is fully leased to The Learning Experience on a 15-year modified NNN lease with 12% rent increases every 5 years, and two, 5-year renewal options. The tenant is a strong, national day care operator with over 600 locations.
The site sits at a signalized intersection with direct access to W.T. Harris Boulevard (44,500+ VPD), across from Wells Fargo’s Customer Information Center, IBM Innovation Park, and several regional headquarters. Nearby demand drivers include Atrium Health University City (130 beds), The Shoppes at University Place, UNC Charlotte (31,000+ students), and Griffith Lakes, a 400-acre residential development with over 780 homes. University Research Park spans 2,600 acres and includes more than 75 companies and 20,000 employees. The submarket benefits from direct rail access to Uptown via the LYNX Blue Line and continues to attract major institutional investment. Recent expansions by TIAA, Centene, and Allstate reflect sustained demand across healthcare, tech, and finance.