PROPERTY DESCRIPTION
The 171,348-square-foot Highland Business Park is located south
west of downtown Charlotte, North Carolina. The
buildings consist of seven multi-tenanted flex buildings.
The buildings were constructed from 1982 through 1986 and
are situated on 12.6 acres.
LOCATION
Highland Business Park is located at 726 Tyvola Road within a
mile of the intersection with I-77. This market is known as the
I-77 southwest market.
GOALS
It is the Partnership’s goal, over the holding period,
to increase the net operating income of the property by offering
the tenants an attractive office environment. The property is
in excellent condition, has curb appeal and is believed to be
well positioned within the market. The Partnership
believes the property can produce attractive operating cash flow
and be sold at a gain.
The General Partner will
determine when the property will be sold and will continually
evaluate an appropriate sales strategy. The timing of the sale
will depend upon the condition of and prospects for the multi-tenant
office market, value of the property, need for property repairs
and due date of the loans.
To learn more, visit www.highlandbusinesspark.com.