The property is an ideal site for a Tesla Sales, Service & Delivery in line with the company’s site selection criteria. The property is ideally situated to serve the affluent suburbs of Northern Charlotte with prominent highway visibility and is adjacent to both I-485 and I-77, two of Charlotte’s major arteries. The location benefits from strong intrinsics due to its strategic “auto row” location in proximity to numerous other luxury car dealerships. Given the size of the Charlotte market, Tesla is moving towards larger footprint Sales, Service & Delivery (“SSD”) locations in order to fully meet demand; this location at 47, 025 SF is in line with that strategy. The subject property is prominently situated directly on Twin Lakes Parkway with frontage on Statesville Road in Charlotte’s Northlake neighborhood, just twelve miles from Downtown Charlotte. It also has prominent highway visibility and is adjacent to both I-485 and I-77, two of Charlotte’s major arteries. The property benefits from robust, rapidly growing demographics; the population within five miles of the site is over 149,000 with an average household income over $137,000. The site benefits from a prominent “auto row” location in close proximity to Audi Northlake, Mercedes-Benz of Northlake, Hendrick BMW Northlake and Hendrick Lexus Northlake. In addition, the adjacent 19.81 acres is being slated for multi-family development with 290 units proposed. The property is in close proximity to Bryton Town Center, anchored by a Walmart Supercenter, McDonald’s, Sam’s Express Car wash, and Firestone Complete Auto Care. This property is listed in conjunction with North Carolina-licensed real estate broker David Edmonds.