3.77 Acres Multifamily Site & .739 Acres Office Site
Off-market unlevered covered land play in Lower South End (LoSo) and the established premier social destination, craft brewing, and entertainment district.
We purchased three properties with four buildings in LoSo at the intersection of Nations Crossing Road and Exmore Road through sale-leaseback transactions and had 24-month leasebacks in place for all four buildings with the existing owner-occupants of two well-established Charlotte businesses.
The site had two distinct tracts consisting of a 3.77 acre multifamily site with two buildings totaling 22,745 square feet and a .739 acre office site with two existing buildings totaling 10,950 square feet. Exited the office site in 2022 and the multifamily site in 2023.