Charlotte Office Building For
3726 Latrobe Dr Charlotte, NC 28211
3726 Latrobe Dr, Charlotte, NC, 28211
Contact for pricing
For Sale
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Office building with 22,185 square feet available for sale.
Property Size22,185 SF
Price / SF$247.92
Days on Market1388
Property Features for 3726 Latrobe Dr
General Information
- Standard status
- Active
- Size
- 22,185 SF
- Property subtype
- Office
Building Details
- Year Built
- 1980
Listing Agency
Bertolina Commercial Real Estate Services Inc
(704) 333-9881
Listed by
Ian Bertolina · License #NC 129379
Source
Crexi
Added: Oct 2, 2022 Checked: Jul 19 at 6:52 am
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
Investment Insights
Based on property information with market context.
This commercial real estate offering features an office building with a total size of 22,185 square feet. The property is available for sale.
Key Highlights
- YearBuilt: 1980
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 |
22,185 SF · lease $24.96/SF/yr · vacancy 17.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$4.89M
$4.28M – $5.71M
NOI $342,625 @ 7.0% cap · market cap 6.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.39M
$6.46M – $8.62M
NOI $517,136 @ 7.0% cap · market cap 9.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
CARE | Charlotte Animal ...
Veterinary Clinic
Care 24 Hour ...
Veterinary Clinic
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FAQs
What type of property is this?
Office building - Office building with 22,185 square feet available for sale.
Where is this office building located?
The property is located at 3726 Latrobe Dr Charlotte, NC.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: YearBuilt: 1980
