CURRENT PROJECTS

 

TYVOLA CENTER—a 10,500 SF retail center, currently pre-leasing at $22.00/PSF. We have a proposed restaurant tenant for a build to suit for 8,400 SF, seeking a sale/leaseback and sale at $2,500,000—$200,000 triple net lease for 10 years.

Contessa Development is a Development Partner.

 

4038 OLD PINEVILLE ROAD—A 10,000 SF retail/showroom near the Scaleybark Road Transit Station. Contessa Development is a Development Partner in redevelopment of shell building to retail/showroom space.

 

9600 STATESVILLE ROAD—NORTHLAKE PLAZA—commercial condominium for Sale Leaseback. For Sale: $822,000—8.75% cap rate—5 year lease. Contessa Development is a Development Partner.

 

Pavilion Center—11431 North Tryon Street. A 18,000 SF retail/office center being developed for investor client.

 

Transit Center—10800 North Tryon Street —providing consulting and development management for the construction of a proposed commercial building next to the future Northeast Transit Rail system in the University area.

 

John Adams Business Center—16 acre research zoned land for a flex/office park near I-85 and I-485, off Mallard Creek Church Road. Contessa Development is providing consulting and development management

 

SUB-LEASE SPACE:

Development partner space available:

 

3039 South Blvd—Greystone Plaza, Charlotte, NC—sublease space 990 SF—$19.00/PSF

4612 Highway 74 West, Monroe, NC—sub-lease space—1500 SF, 2250 SF—$12.00/PSF

 

Option to Buy/Development Partner:

Meineke Muffler—Harrisburg, NC—$1,040,000—7% return

 

Contact: Stephen Lucas—704-208-7877

 

 

 

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