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8620 Research Dr
Charlotte, NC 28262
Dual-Pad Development Site | 3.07 AC · Land For Sale
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3.07 AC
Investment Highlights
- Prime Investment Opportunity | The Learning Experience Day Care Development Site with In-Place Lease | Corner Lot Totaling 3.07 AC
- Full Site Plans Approved | TLE Building Permit Pending Approval (Expected Dec. 2025) | Option to Subdivide into Two Separate Building Pads
- Ideal Location | Immediate Surrounding Area Features Over 20 Fortune 500 Companies Including Wells Fargo CIC, Vanguard, TIAA, & More
- Long-Term Lease Signed by The Learning Experience (TLE) 10,000 SF Build-to-Suit Opportunity | Fastest-Growing Childcare Tenant in the Country
- Additional Pad with Site Plans for a 8,000 SF Office/Retail Building | Buyer Responsible for Building Plans | All Utilities Available Including Water
- High Barriers-to-Entry Submarket | 11,000+ Multi-Family Units within 1.5-Miles | Numerous Corporate Offices & Hotels in Immediate Surrounding Area
Executive Summary
Northmarq, as exclusive agent, is pleased to present to qualified investors the opportunity to acquire the fee simple interest 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.
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.
Property Facts
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| Sale Conditions | Proposed Use | ||
| No. Lots | 2 | Total Lot Size | 3.07 AC |
| Property Type | Land | ||
| Zoning | CAC-1 - Community Activity Center 1 | ||
| Sale Type | Investment or Owner User |
| Sale Conditions | |
| No. Lots | 2 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 3.07 AC |
| Zoning | CAC-1 - Community Activity Center 1 |
2 Lots Available
Lot A
| Lot Size | 2.00 AC |
| Lot Size | 2.00 AC |
Parent parcel totaling 3.07 AC available for purchase in its entirety. Approximate 2.00-AC building pad available as part of a potential subdivision of the 3.07-AC parent parcel. Final lot size subject to subdivision.
Lot A
| Lot Size | 1.07 AC |
| Lot Size | 1.07 AC |
Parent parcel totaling 3.07 AC available for purchase in its entirety. Approximate 1.07-AC building pad available as part of a potential subdivision of the 3.07-AC parent parcel. Final lot size subject to subdivision.
Property Taxes
| Parcel Number | 047-141-18 | Improvements Assessment | $763,082 CAD |
| Land Assessment | $2,738,895 CAD | Total Assessment | $3,501,977 CAD |
Property Taxes
Parcel Number
047-141-18
Land Assessment
$2,738,895 CAD
Improvements Assessment
$763,082 CAD
Total Assessment
$3,501,977 CAD
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