End-Unit Medical Office
For Sale
$749,000
2540 West Arrowood Road, Charlotte, NC 28273
End-unit medical office with updated interiors and prominent visibility from Arrowood Road.
Property Size2,529 SF
Days on Market150
Property Features for 2540 West Arrowood Road
General Information
Standard status
Active
Size
2,529 SF
Class
C
Property subtype
Office - Medical Office
Site & Location
Neighborhood
Southwest Outer
Highway Access
Yes
Building Details
Building Size
2,529 SF
Year Built
2006
Listing Agency:
Flagship Healthcare Properties
Listed By:
Tiffany B. Slayden · License #46316
(704) 906-9699
Source:
Commercialcafe
Added: Jun 3
Changed: Oct 25
Last Checked: Oct 28 at 5:16AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Flagship Healthcare Properties
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Investment Insights
Based on property information with market context.
This end-unit medical office suite is configured for professional use and features updated interior finishes. The unit includes space suitable for medical practices, along with an exterior signage opportunity for branding and wayfinding.
The property is positioned for visibility from Arrowood Road and is located across from Whitehall Commons Shopping Center. It also benefits from convenient access to major regional routes, with close proximity to I-485, I-77, and Charlotte Douglas Airport.
For healthcare operators and office users seeking a dedicated medical environment, this end-unit layout can offer a strong street-facing presence. Buyers should consider the combination of updated interiors, end-unit visibility, and the potential to add or enhance exterior signage when evaluating this office property for medical or related professional use.
The property is positioned for visibility from Arrowood Road and is located across from Whitehall Commons Shopping Center. It also benefits from convenient access to major regional routes, with close proximity to I-485, I-77, and Charlotte Douglas Airport.
For healthcare operators and office users seeking a dedicated medical environment, this end-unit layout can offer a strong street-facing presence. Buyers should consider the combination of updated interiors, end-unit visibility, and the potential to add or enhance exterior signage when evaluating this office property for medical or related professional use.
Key Highlights
- End‑unit medical office with high visibility from Arrowood Rd.
- Updated interiors.
- Exterior signage opportunity.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,058
Cap Rate
5.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$781,160
$781.2K
Cap Rate 7%
$557,971
$558.0K
Cap Rate 9%
$433,978
$434.0K
Market Conditions
NOI Build-Up for 2,529 SF
Gross rent
$63.1K $24.96/SF
− Vacancy
−$11.0K −$4.37/SF
EGI
$52.1K $20.59/SF
− OpEx
−$13.0K −$5.15/SF
NOI
$39.1K $15.44/SF
Area
Charlotte, NC
Vacancy
17.50%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$781,160
Cap Rate 7%
$557,971
Cap Rate 9%
$433,978
Alternative Uses
Best Use
Office B
$558.0K
$488.2K – $651.0K
NOI $39,058 @ 7.0% cap · market cap 5.21%
Second Best
Healthcare Medical
$499.8K
$437.4K – $583.1K
NOI $34,988 @ 7.0% cap · market cap 4.67%
Theoretical Best
Office A
$842.2K
$736.9K – $982.5K
NOI $58,951 @ 7.0% cap · market cap 7.87%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
577
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 28273, NC
41,404
Population
19,236
Households
2.2
Avg Household Size
35
Median Age
39%
College-Educated
90%
High-School Grad
22.5 sq mi
ZIP Area
1,840
Density / Sq Mi
$84,739
Median Household Income
$45,193
Median Earnings
$1,671
Median Rent
$304,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Charlotte, NC
Frequently Asked Questions
What type of property is this?
Medical Office Space - End-unit medical office with updated interiors and prominent visibility from Arrowood Road.
Where is this medical office space located?
The property is located at 2540 West Arrowood Road Charlotte, NC.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: End‑unit medical office with high visibility from Arrowood Rd.; Updated interiors.; Exterior signage opportunity.
