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3623 Latrobe Dr Charlotte, NC 28211

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Two-story office building with diverse tenants near Uptown Charlotte.

Type:Office
Property size:
15,886 SF
Lot size:
2.42 Acres
Added:
Feb 6, 2023
Days on Market:
1159
Last Refresh:
Mar 17 at 1:15 pm

Property Features for 3623 Latrobe Dr

General Information

Standard status
Active
Size
15,886 SF
Lot size
2.42 Acres
Property subtype
Office

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Listing Contact
Rodney Faulkner

Listing agent Rodney Faulkner License #NC 234908

Listing office Boundary Street Advisors

Listing date Feb 6, 2023

Source Crexi

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 Boundary Street Advisors


Overview

Stabilized Office Investment Opportunity

The property at 3623 Latrobe Drive is a two-story office building featuring 13 suites individually leased to a diverse mix of tenants. The building has a total area of approximately 15,886 square feet and is currently 92% occupied. Suite sizes range from approximately 400 to 1,200 square feet. The property is zoned I-1 and is positioned on approximately 2.42 acres with 140 parking spaces. The property is projected to generate $101,286.24 in gross income in 2025, with a net operating income (NOI) of $36,253.79 after expenses. The location is just minutes from Uptown Charlotte, Cotswold, and Plaza Midwood, near Independence Blvd (HWY 74), with close proximity to retail anchors like Home Depot and Wendover Shopping Plaza. The property offers an income-producing investment with room for future upside through lease-up and rent growth.
Location Intelligence

Current Use by Public Records

Karina J. Romero, ... Accounting Firm one touch flooring ... General Contractor CrossRoads Corporation for Affordable ... Charitable Organization Call Psychic Now Spiritual Center Teamsters Joint Council ... Advocacy Group

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Charlotte
County
Mecklenburg
State
North Carolina
Longitude
-80.7973086
Latitude
35.1965988

FAQs

What type of property is this?
Office building - Two-story office building with diverse tenants near Uptown Charlotte.
Where is this office building located?
The property is located at 3623 Latrobe Dr Charlotte, NC.
What are key features of this property?
This property features: Stabilized office investment with **92% occupancy and diverse tenant mix**.; Projected **$36,253.79 Net Operating Income (NOI) in 2025**.; Ideally located minutes from Uptown Charlotte, Cotswold, and Plaza Midwood.
More about this property
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