1825 Back Creek DrCharlotte, NC 28213
Nana's Place Learning Center | Charlotte, NC
Asset ClassSpecial Purpose
Investment Highlights
- Long-Term Lease – 8 years remaining, with one 10-year option to renew.
- Intrinsic Value – Replaceable rent of $24.92/SF, consistent with market rent for the area and for similar childcare tenants.
- Superior Tenant Strength – Tenant has been in business since 1993 and has consistently served as a trusted child care provider for families in the area.
- Optimal Accessibility – Situated off East W.T. Harris Blvd – NC 24 (±48,000 VPD), providing seamless access to/from the area’s employers and residential communities. Located down the road from Newell Elementary School, as well as major retailers including Walmart, IKEA, Starbucks, Jersey Mike’s, etc..
- Desirable Submarket – Located in Charlotte’s University City neighborhood, home to major employers including UNC Charlotte, Atrium Health, Wells Fargo, and Duke Energy.
- Favorable Demographics – Approximately ±214,521 population, ±81,512 households and average household income of $92,921 within 5-mile radius.
Photo Gallery
1825 Back Creek DrCharlotte, NC 28213
Sales Team
Listing provided by Revere CRE