MAB Funds | Investments | MAB International Retail Trust | Eastfield Village, Huntersville, Charlotte, North Carolina
Portfolio
Eastfield Village, Huntersville, Charlotte, North Carolina
Constructed in 2004, Eastfield Village is a grocery anchored neighbourhood centre with a Lowes Foods supermarket occupying 4,807 square metres, and supported by national, regional and local specialty tenants. The specialty shops are located in 3 buildings surrounding the supermarket and car park. The centre has a total gross lettable area of 8,128 square metres.
- Value
- US$15,500,000
- Valuation Date
- July 13, 2011
- Valuer
- CBRE
- Purchase Price (USD)
- 18,530,000
- Lease Expiry
- 7.1 years by income
- Major Tenant
- Lowes Foods
- Expiry (Major Tenant)
- September 2024
- Building Area
- 8,128 m2
- Site Area
- 39,560 m2
- Car Spaces
- 384
Location
Eastfield Village is located in a rapidly growing northern suburb of Huntersville in Charlotte. Eastfield Village forms a part of Prosperity Village, a master planned community comprising over 700 acres. The locality will be further enhanced by the planned intersection of the Charlotte Interstate 485 Ring Road and Prosperity Church Road, approximately 2.5 kilometres to the south of the property.