3726 Latrobe Dr, Charlotte, NC
22,185 SF office building in Charlotte, North Carolina.
- Added:
- Sep 29, 2022
- Days on Market:
- 1350
- Last Refresh:
- May 20 at 9:11 pm
Property Features for 3726 Latrobe Dr
General Information
- Standard status
- Active
- Size
- 22,185 SF
- Lot size
- 3.13 Acres
- Property subtype
- OFFICE
Listing agent Ian Bertolina License #129379 (704) 333-9881
Listing office Bertolina Commercial Real Estate Services, Inc. (704) 333-9881
Listing date Sep 29, 2022
Source Moodyscre
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 Bertolina Commercial Real Estate Services, Inc.
HighLights
- 22,185 +/- sf total square footage provides substantial space.
- Delivered vacant, offering immediate occupancy and use.
- Located in the desirable Midtown/Randolph area of Charlotte.
- Ample parking available.
- Includes 807 +/- sf garage.
- Features 1 dock door (DI).
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $553.7k | $24.96 |
| − Vacancy | −$96.9k | −$4.37 |
| EGI | $456.8k | $20.59 |
| − OpEx | −$114.2k | −$5.15 |
| NOI | $342.6k | $15.44 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Charlotte
- County
- Mecklenburg
- State
- North Carolina
- Longitude
- -80.7975
- Latitude
- 35.1945
