Technical
Financial
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Property profile

1930 Abbott St Charlotte, NC 28203

OFF-MARKET
Office Spaces
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Property summary

AI-generated overview

This exceptional investment opportunity presents two contiguous creative office units totaling approximately 3,972 square feet, located within the vibrant South End neighborhood of Charlotte, NC. Situated at 1930 Abbott Street, units 402 and 403 are part of the Camden Square West Development, a beautifully designed multi-tenant office building known for its modern architectural style. Currently, unit 403 is vacant, while unit 402 is leased until March 31, 2025. Detailed plans are available for combining the units into a single, cohesive 3,972 square foot space. Each unit boasts an efficient layout featuring open work areas, meeting spaces, and private offices spread across two levels. Upgrades include new flooring (main areas) and carpeting (offices), updated kitchen and bathroom fixtures, and excellent lighting. Furniture in both units is available for purchase separately, facilitating a smooth transition for the new owner. The asking price for both units is $1,875,000. The property benefits from a highly desirable location, within walking distance of numerous lunch and entertainment options, free parking, the light rail line, and major interstates. Note that the usable square footage (USF) equals the rentable square footage (RSF). The HOA fee is $467.10 per month per unit, property taxes are $6,603.73 per year per unit, and property insurance is $156.70 per month per unit.

Property profile

Verified
Property type Office Spaces

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
  • Marketing & Advertising Advertising Agency
  • (Bike/Boat/Book/etc) Store Photography Service
  • Marketing & Advertising IT Consulting Firm
  • Big Box & Wholesale Store Building Supply
  • Advertising Agency Marketing & Advertising

Location

1930 Abbott St Charlotte, NC 28203
Charlotte metro
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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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