Gresset Commercial Real Estate and Royster Commercial Real Estate, on behalf of the owner, are pleased to act as the exclusive listing agents for University East & Old Concord, a ±4.52-acre development opportunity in Charlotte, North Carolina.
The properties are located within the University submarket, along University East Drive near major arterial road E WT. Harris Blvd. The immediate area includes a mix of uses, with attached single-family homes and multifamily communities, retail, hotels, medical office, and traditional suburban office parks.
University East & Old Concord provides optionality for potential developers, who could build residential or other uses onsite.
University City has benefitted from recent development in residential, office, and retail, capital improvements and expansion at the University, job growth in North Charlotte including Albemarle Corp. and Eli Lilly.