Property profile

200 Providence Rd Charlotte, NC 28207

OFF-MARKET
Office buildings
Property ID
US53-1044380
54,558 SF 3.88 ac lot Built 1997
Individually Owned 13-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional sublease opportunity presents a 3,526 square foot office space at 200 Providence Road in Charlotte, North Carolina's vibrant Midtown submarket. Located in a Class B building constructed in 1997, this move-in ready space boasts a desirable layout featuring multiple private offices, a dedicated conference room, and an open bullpen area, perfect for a variety of business needs. The building itself is a three-story structure encompassing 56,000 square feet, situated on a 3.88-acre lot, and offers ample parking with 199 spaces available. Convenient access to I-77 and Uptown Charlotte ensures easy commutes for employees and clients. The property is zoned O-1 (CD) and features elevators for convenient access to all three floors. The minimum divisible space is 3,526 square feet, which is also the maximum contiguous space currently available. This sublease provides a fantastic opportunity to establish a presence in a thriving area with excellent access to retail, restaurants, and major transportation routes. The property's Mecklenburg County location (APN 155-021-23) and its proximity to Uptown Charlotte make it an ideal location for businesses seeking a prestigious and accessible address. This is a rare opportunity to secure high-quality office space in a sought-after location.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1997
Total area 54,558 SF
Lot 3.88 ac (168,926 SF)
Zoning code R-43MF
APN 15502123
UPID US53-1044380

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
  • Financial Advisor
  • Law Firm
  • Physician
  • Physician
  • Law Firm

Location

200 Providence Rd Charlotte, NC 28207-1468
Charlotte metro Census 2701 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$9.95M
Blend (final) Blend
$8.36M

Owner & transaction history

since 2013
4 recorded transactions
2018
Price N/A
2018
Price N/A
2013
Price N/A
1969
Price N/A

Zoning & alternative use

R-43MF · Charlotte, NC

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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