Property Highlights
- Location in a Qualified Opportunity Zone
- Unique opportunity for a redevelopment or a reposition of the asset to a class A property
- High Demand Charlotte Submarket – Over 13% growth in 1-mile radius since 2010
- Fully Occupied Shopping Center – Great mix of Internet Resistant Tenants
- Average Household Income of over $59k/ year and a population of 138k people in the 3-mile radius
- Rare Opportunity to own 2.83 acre parcel | Hard corner on fully signalized intersection in Charlotte
- High Volume Road – Traffic Counts exceeding 28,000 VPD on Central Avenue and 39,000 VPD on N Sharon Amity
- Infill-Urban Location – Just 4 miles to the East of Uptown Charlotte (CBD)
- Site of Future Growth – A Public-Private Master Plan is underway to transform the old Eastland Mall Site into a vibrant community hub including the HQ of Charlotte’s new MLS soccer team
- Located on a developing Mass Transit Corridor – Charlotte Area Transit Systems (CATS) has released plans for a Street Car on Central Ave from Uptown to the Eastland Site
- Covered Land Play – Fully-leased center