Property profile

7701 Sharon Lakes Rd Charlotte, NC 28210

OFF-MARKET
Office Spaces
26,351 SF 2.36 ac lot Built 1989
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Property summary

AI-generated overview

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

Verified
Property type Office Spaces
Year built 1989
Total area 26,351 SF
Lot 2.36 ac (102,802 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Alternative Medicine Practice
  • Barber Shop
  • Travel Agency
  • (Bike/Boat/Book/etc) Store
  • Insurance Agency

Location

7701 Sharon Lakes Rd Charlotte, NC 28210
Charlotte metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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