The offering presents a rare opportunity to acquire two adjacent, fee simple parcels improved with two stand-alone commercial buildings totaling approximately ±33,503 SF on ±1.17 acres along East 4th Street and Charlottetowne Avenue in Charlotte’s highly sought-after Elizabeth/ Midtown submarket.

The properties are offered together (not available for separate purchase) on an as-is, where-is basis. Each parcel is held by a separate ownership entity affiliated with Central Piedmont Community College, a major institutional anchor that supports daily population density and long-term area stability.

The offering includes an optional short-term leaseback of 1422 E 4th Street, providing up to twelve (12) months of occupancy with one (1) twelve-month renewal option, intended to support Central Piedmont Community College’s operational transition. The leaseback is not positioned as long-term income underwriting; rather, it may provide near-term carry and execution flexibility while an investor advances a value-add business plan.

Located immediately adjacent to Central Piedmont Community College’s Central Campus and within minutes of Charlotte’s most concentrated medical, educational, and employment ecosystem, the properties benefit from strong visibility, walkability, and durable demand drivers. This offering is well suited for investors seeking infill control and multiple exit pathways, including re-tenanting, repositioning, or longer-term redevelopment optionality, subject to buyer diligence and approvals.

TRANSACTION OVERVIEW & SALE STRUCTURE

The offering consists of 1412 and 1422 E 4th Street, which are being marketed together as a single, unified transaction and are not available for separate sale. While each parcel is owned by a separate Central Piedmont Community College–affiliated entities, the properties are intended to be conveyed to one buyer as part of a coordinated closing.

Due to the affiliated but separate ownership structures, buyers will be required to submit two purchase offers—one for each parcel. These offers are expected to be substantially similar and mutually contingent, reflecting a single economic transaction and subject to separate internal approvals by each ownership entity.

The properties are offered as-is, where-is, with buyers responsible for all due diligence. Ownership may provide an optional leaseback at 1422 E 4th Street for up to 12 months, with one 12-month renewal option, subject to definitive agreements.