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University East Business Park: Charlotte, NC
Wednesday, May  21, 2008 at 1:00 PM (EST)

Type of Auction: Absolute Auction
Address of Auction: 8815 University East Dr , Charlotte, NC
Auction Contact Name: Jason James Dolph
Auction Contact Phone: 704-831-8983
Auction Contact Fax: 704-248-0839
Auction Contact Email: jdolph@chartwellgroup.com

Reason for Auction: Developer Directs Final Sale

Auction Highlights: NORTH CAROLINA REAL ESTATE AUCTION

UNIVERSITY EAST BUSINESS PARK in Charlotte, NC

Only 28 Acres/11 Lots Remain
Suggested Opening Bids from $95,000

3 Office Condos from 750-1850 Sq. Ft
Suggested Opening Bids from $25,000

50% OF PROPERTIES TO BE SOLD ABSOLUTE REGARDLESS OF PRICE!

SELLER FINANCING @ 8% w/ 25% DOWN PAYMENT

AUCTION DATE: Wed. May 21, 2008: 1:00 P.M.
AUCTION LOCATION: Embassy Suites Hotel, 4800 S. Tryon St., Charlotte, NC

BUSINESS OPPORTUNITY: Home of Hartford Insurance, and the regions only VA Outpatient Clinic set to open in April 2008. Join the 134- Room Candlewood Suites, Truliant Credit Union, 2 restaurants, Goddard School Childcare, and a number of other quality businesses in this architecturally controlled development. Zoned for BP (Business Park) and O-1 (Office), University East is the ideal home for companies looking for a highly visible and easily accessible property for office, retail, or medical use in the University Area of NE Charlotte.

PROPERTY DESCRIPTION: 28 acres and 3 office condominiums are all that
remain in this high desirable 105-acre Business Park. The last 11 LAND LOTS range from 1.43 to 4.83 acres with utilities available. Properties are accessed via University East Dr. and Back Creek Dr., two well-lighted asphalt roads providing separate accesses from W.T. Harris Blvd. A majority of the parcels have been cleared and received initial grading.

Inspection: ON-SITE INSPECTIONS: You’re invited to schedule an appointment to inspect
the Property on the following dates and times: Tues., May 6 and Thurs. May 15 from 1:00 P.M. to 3:00 P.M. Call Jason Dolph at 704-831-8983 to schedule an appointment for these dates.

Directions: LOCATION DESCRIPTION: Ideally located off heavily traveled W.T. Harris Blvd. between Old Concord Rd. and Rocky River Rd. Only 7 miles from Downtown and just 2 miles from the UNCC Campus, NC’s 3rd largest university. Close proximity to Charlotte’s major intestates, I-77, I-85, and I-485 outer beltway provides easy access for visitors throughout the region. Other nearby amenities includes Carolina Medical Center- University 130 bed hospital, Verizon Wireless Amphitheatre and Lowe’s Motor Speedway, the southeast’s premier motor sports track.

Terms & Conditions: 7.5% Buyers Premium. Initial Earnest Money Required to Bid . Please contact Jason Dolph at 704-831-8983 for complete Terms of Sale.

Chartwell Auctions / NCAF 7881 / Gordon Greene, NC Broker & Auctioneer / NCAL 7752

To view more information about this auction click here


This auction is being conducted by:

Jason James Dolph
Chartwell Auctions

www.chartwellgroup.com
4916 Cedar Forest Dr
Charlotte, NC 28226
Phone: 704-831-8983
Fax: 704-248-0839

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