Property summary
This single-story, 26,351 square foot medical office building, situated on 2.36 acres in Charlotte's South Blvd submarket, presents a compelling investment opportunity. Built in 1989, the Class C property features 26 suites, with a minimum divisible space of 544 square feet and a maximum contiguous space of 2,350 square feet. Currently, 9,303 square feet are vacant, offering significant potential for lease income. The building boasts an 18-foot ceiling height and is zoned B-1. Conveniently located just off South Boulevard, approximately one mile south of Arrowood Road, the property enjoys high visibility facing Sharon Lakes Retail Plaza, making it particularly suitable for retail tenants. Leases ranging from two to five years are available, with a special incentive of one month free rent for tenants with a credit score above 725. The property's location serves a large working-class community, making it ideal for neighborhood service businesses. Mecklenburg County location and proximity to major roadways ensure excellent accessibility. This property is an excellent opportunity for investors seeking a strong return in a thriving Charlotte neighborhood.
Property profile
VerifiedCap rate & NOI
Current use
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Alternative Medicine Practice
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Barber Shop
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Travel Agency
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(Bike/Boat/Book/etc) Store
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Insurance Agency
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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