Stabilized Office Investment
For Sale
Contact for pricing
3623 Latrobe Dr, Charlotte, NC 28211
Two-story office building with diverse tenants near Uptown Charlotte.
Property Size15,886 SF
Lot Size2.42 Acres
Days on Market1292
Property Features for 3623 Latrobe Dr
General Information
Standard status
Active
Size
15,886 SF
Lot size
2.42 Acres
Property subtype
Office
Zoning
I-1
Building Details
Buildings
1
Stories
2
Units
12
Tenancy
Multi
Listing Agency:
Boundary Street Advisors
(704) 777-0507
Listed By:
Rodney Faulkner · License #NC 234908
Source:
Crexi
Added: Feb 6, 2023
Changed: Aug 14
Last Checked: Aug 20 at 10:30PM
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
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,835
Businesses Nearby
Explore this area
Business Placement
Demographics for 28211, NC
31,917
Population
15,061
Households
2.1
Avg Household Size
39
Median Age
69%
College-Educated
96%
High-School Grad
11.0 sq mi
ZIP Area
2,902
Density / Sq Mi
$130,221
Median Household Income
$66,412
Median Earnings
$1,660
Median Rent
$701,900
Median Home Value
Market
Vacancy Rate% for Office in Charlotte, NC
Questions? Ask Rey
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Frequently Asked Questions
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.
