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Freestanding Flex Space
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4010-4012 North Graham Street, Charlotte, NC 28206

Move-in ready property combining finished office areas with warehouse functionality and direct drive-in access.

Property Size6,092 SF
Price / SF$377.54
Days on Market53

Property Features for 4010-4012 North Graham Street

General Information

Standard status Active
Size 6,092 SF
Total Parking Spaces 16
Property subtype Office, Industrial
Zoning ML2

Warehouse & Industrial

Clear Height 13 ft
Warehouse Space 2,092 SF
Office Build-Out 4,000 SF
Drive-In Doors 1

Additional Details

Highway Access Yes

Building Details

Year Built 1971
Year Renovated 2020
Buildings 1
Stories 1
Listing Agency: MECA Commercial Real Estate
Listed By: Cooper Bortz · License #358966
Source: Crexi
Added: Aug 28 Changed: Oct 9 Last Checked: Oct 19 at 4:52AM

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 MECA Commercial Real Estate

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Investment Insights

Based on property information with market context.

This freestanding flex property, built in 1971, contains 6,092 SF arranged for both office and industrial operations. The interior includes 4,000 SF of finished office space suitable for professional, showroom, or administrative functions, along with a 2,092 SF warehouse featuring 13-foot clear heights and a 10-by-11-foot drive-in door. The building is identified as ML2 zoning and is described as move-in ready.

Located at 4010-4012 North Graham Street in Charlotte, North Carolina, the property provides access to I-85, I-277, and Uptown Charlotte. Its combination of finished workspace and dedicated warehouse area supports flexible occupancy for an owner-user or investor.

Key Highlights

  • 6,092 SF freestanding flex property at 4010‑4012 North Graham Street
  • 4,000 SF of finished office space
  • 2,092 SF warehouse with 13' clear heights

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$94,085
Cap Rate
4.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,881,700 $1.9M
Cap Rate 7%
$1,344,071 $1.3M
Cap Rate 9%
$1,045,389 $1.0M
Market Conditions
NOI Build-Up for 6,092 SF
Gross rent
$152.1K $24.96/SF
− Vacancy
−$26.6K −$4.37/SF
EGI
$125.4K $20.59/SF
− OpEx
−$31.4K −$5.15/SF
NOI
$94.1K $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%
$1,881,700
Cap Rate 7%
$1,344,071
Cap Rate 9%
$1,045,389

Alternative Uses

Best Use
Office B
$1.34M
$1.18M – $1.57M (±1% cap)
NOI $94,085 @ 7.0% cap · market cap 4.09%
Second Best
Warehouse
$1.08M
$944.1K – $1.26M (±1% cap)
NOI $75,529 @ 7.0% cap · market cap 3.28%
Theoretical Best
Office A
$2.03M
$1.78M – $2.37M (±1% cap)
NOI $142,005 @ 7.0% cap · market cap 6.17%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Restaurant Spa & Massage Center Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

13 ft
Clear height
1
Drive-in doors
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

463
Businesses Nearby
Well-served
Demand for This Use

Demographics for 28206, NC

14,053
Population
7,094
Households
2
Avg Household Size
33
Median Age
32%
College-Educated
83%
High-School Grad
7.0 sq mi
ZIP Area
2,008
Density / Sq Mi
$51,456
Median Household Income
$42,186
Median Earnings
$1,225
Median Rent
$239,700
Median Home Value

Market

Vacancy Rate% for Office in Charlotte, NC

10.2% 2019
13.1% 2020
17.5% 2021
17.7% 2022
22.8% 2023
24.6% 2024
24.6% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Move-in ready property combining finished office areas with warehouse functionality and direct drive-in access.
Where is this flex space located?
The property is located at 4010-4012 North Graham Street Charlotte, NC.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: 6,092 SF freestanding flex property at 4010‑4012 North Graham Street; 4,000 SF of finished office space; 2,092 SF warehouse with 13' clear heights
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