Unlevered covered land play near the Woodlawn light rail station. The area adjoins Lower South End (LoSo) and the established premier social destination, craft brewing, and entertainment district where explosive growth is currently underway.
We purchased thirteen properties totaling 8.3 acres with multiple buildings and greenhouses off of Old Pineville Road through sale-leasebacks with the existing owner-occupants of two well-established Charlotte businesses.
The property has two distinct tracts with one consisting of 4.5 acres and a second one consisting of 3.8 acres. We plan to hold the asset for future transit-oriented redevelopment.