New search
Property profile & analytics
FOR LEASE
Office buildings
525 Tryon St 1600 Charlotte, NC 28202
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US53-1502758
For Lease
1 / 11
$129-$15,155/Mo
525 Tryon St,Unit 1600, Charlotte, NC 28202
View Listing →
Property summary
AI-generated overview
This exceptional Class A office space, located at 525 North Tryon Street, Suite 1600, in Charlotte, North Carolina, offers a variety of flexible workspace options. The building, designed by Odell Associates, boasts 21,825 square feet and features 350 suites, with a minimum divisible space of 10 square feet and a maximum contiguous space of 1,300 square feet. Currently, 5,520 square feet are available. The property underwent renovations in 2019 and includes convenient amenities such as an on-site gym, coffee/sandwich bars, and underground parking. Enjoy stunning views of the Charlotte skyline from the 16th floor. The building's prime location in the heart of Charlotte places it within easy reach of key attractions like Bank of America Stadium and the Charlotte Convention Center. Office options range from fully furnished private suites for individuals or large companies to custom spaces, disaster recovery solutions, and day offices, all tailored to specific needs. A benefits program offering exclusive discounts and procurement support is also available. This Mecklenburg County property provides a prestigious address and unparalleled convenience. Elevators are available.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1998
Total area
436,606 SF
Lot
2.3 ac (100,101 SF)
Zoning code
UMUD
APN
7803401
UPID
US53-1502758
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Mortgage Connection Loan Service Bank
-
Charlotte Plumbing Giant Plumbing Service General Contractor
-
Group 15 Real Estate Real Estate Agency
-
Fennell Richard B Law Firm
-
Design Development Inc Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$79.81M
Blend (final)
Blend
$98.29M
Owner & transaction history
Highland Ventures Real Estate V LLC · 1 yrs held
Highland Ventures Real Estate V LLC
since 2025
7 recorded transactions
Zoning & alternative use
UMUD · Charlotte, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Charlotte submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Charlotte submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$98.29M
Range $88.46M – $108.12M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$225 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$713,262
Tax year 2023
Assessed value
$97,240,900
Assessed 2024
Previous assessed
$97,240,900
+0.0% YoY
Effective rate
0.73%
On assessed value
Assessed land
$20,574,200
Assessed improvement
$76,666,700
Land market value
$20,574,200
Improvement market value
$76,666,700
Total market value
$97,240,900
Applied tax rate
8.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1998
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
3
Units
1
Rooms
22
Total area
436,606 SF
Lot
2.3 ac (100,101 SF)
Zoning code
UMUD
APN
7803401
UPID
US53-1502758
Jurisdiction
MECKLENBURG
Zoning & alternative use
UMUD · Charlotte, NC
Zoning UMUD · permitted uses
UMUD · Charlotte, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Charlotte. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1998
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
2
Units
1
Rooms
22
Lot
2.3 ac
Current owner
From public records · entity-resolved
Highland Ventures Real Estate V LLC
Entity
Mailing address
525 N TRYON ST STE #210, CHARLOTTE, NC 28202-0208
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
22 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2025
$24,000,000
Highland Ventures Real Estate V LLC
525 Charlotte Office LLC
Special Warranty Deed
$15,500,000 · Symetra Life Insurance Co
Dec 10, 2024
—
Hamilton Stephens Steele Martin Pll
525 Charlotte Office LLC
Deed
—
Oct 7, 2024
—
Dozier Miller Pollard & Murphy LLP
525 Charlotte Office LLC
Lease
—
Feb 25, 2020
—
525 Charlotte Office LLC
—
Deed
related
$275,000,000 · Bank Of America
Apr 3, 2018
—
525 Charlotte Office LLC
—
Deed
related
$449,900 · Bank Of America
Dec 30, 2014
—
525 Charlotte Office LLC
Parkway 525 N Tryon LLC
Quit Claim Deed
related
—
Dec 30, 2014
$60,000,000
525 Charlotte Office LLC
Parkway 525 N Tryon LLC
Grant Deed
—
Dec 11, 2012
$47,350,000
Parkway 525 N Tryon LLC
First States Invtrs 5000a LLC
Grant Deed
—
Dec 11, 2012
—
Parkway 525 N Tryon LLC
First States Invtrs 5000a LLC
Grant Deed
related
—
Dec 28, 1999
$401,500
Michael L Falcone
Harris,chapel Wa
Grant Deed
—
Oct 29, 1999
$488,000
Joseph Damon Socolof
Harris,chapelwat
Grant Deed
—
Oct 20, 1999
$500,000
Robert Steven Davis
Harris,chapel Wa
Grant Deed
—
Oct 15, 1999
$488,000
James M Chriss
Harris,chapel Wa
Grant Deed
—
Sep 30, 1999
$365,000
Karen Darragh Newhouse
Harris,chapelwat
Grant Deed
—
Sep 29, 1999
$453,000
Jared K Mclaughlin
Harris,chapelwat
Grant Deed
—
Sep 28, 1999
$440,000
Brunnemer,h Keith JR
Harris,chapel Wa
Trustees Deed
—
Sep 28, 1999
$368,000
Oai Properties LLC
Harris,chapelwat
Trustees Deed
—
Sep 27, 1999
$468,000
Charles Robert Beaird
Harris,chapel Wa
Grant Deed
—
—
—
Little Fish Of Big Pond LLC
—
Deed Of Trust
related
$600,000 · Capital One
—
—
525 Charlotte Office LLC
—
Deed Of Trust
related
$449,900 · Bank Of America
—
—
525 Charlotte Office LLC
—
Loan Modification
related
$275,000,000 · Bank Of America
—
—
James R Palermo
—
Deed Of Trust
related
$400,000 · Bank Of America
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
