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Property profile & analytics
FOR LEASE
Office buildings

402 W Trade St Charlotte, NC 28202

25,184 SF 0.49 ac lot Built 1916
Entity Owned 12-yr Hold ~ Est. High Equity
Property ID
US53-1049423
Property summary
AI-generated overview

This exceptional office space, located at 402 W Trade St in Charlotte, NC, offers a unique opportunity to lease in a landmark historic building. Situated in the vibrant Uptown, CBD submarket, this property boasts 25,184 square feet spread across two floors, offering a blend of traditional and executive office space. The available space totals 1,915 square feet, representing a minimum divisible unit, with a maximum contiguous space of 1,915 square feet. Built in 1916, the building features attractive 12-foot ceilings, a modern glass storefront and lobby, and a passenger elevator. Parking is a significant advantage, with 23 on-site spaces located at the rear of the building – a rare amenity in Uptown Charlotte. The property's prime location along the new Gold Street Car Line provides excellent accessibility and visibility. This is an ideal space for businesses seeking a prestigious address in the heart of Charlotte's central business district. The building is in Mecklenburg County and has a zip code of 28202. The property is multi-tenant.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1916
Total area 25,184 SF
Lot 0.49 ac (21,457 SF)
Zoning code UMUD
APN 7805405
UPID US53-1049423
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Osho & Long-Hardin, PLLC Law Firm
  • The Nye Law Group, P.C. Law Firm
  • Graham Stiles Law Firm
  • Stiles Law, LLC Law Firm
  • Postmarked Business Service Center Postal Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$6.39M
Comparable Approach Comparable
$3.32M
Blend (final) Blend
$4.94M
Owner & transaction history
Tdg Trade LLC · 12 yrs held
Tdg Trade LLC
since 2014
5 recorded transactions
2019
Price N/A
2014
Price N/A
2014
$2.1M
1996
Price N/A
1969
Price N/A
Zoning & alternative use
UMUD · Charlotte, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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