3623 Latrobe Dr, Charlotte, NC 28211

Listing office Boundary Street Advisors r***@boundarystreetadvisors.com Show Phone

Listing date Feb 6, 2023

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Overview

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.

Suggested Use

Real Estate Agency Auto Parts Store Restaurant Building Supply Law Firm HVAC Service Electrical Service Kitchen & Bath Showroom Bar & Pub (Bike/Boat/Book/etc) Store

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

Location Insight

• Map
• Local Demand

City

Charlotte

County

Mecklenburg

State

North Carolina

Longitude

-80.7973086

Latitude

35.1965988

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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.