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Property profile & analytics
FOR LEASE
Office buildings
7504 E Independence Blvd Charlotte, NC 28227
Individually Owned
Free & Clear
Property ID
US53-1187412
For Lease
1 / 7
Contact for pricing
7504 E Independence Blvd, Charlotte, NC 28227
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Property summary
AI-generated overview
This exceptional office park, located in Mecklenburg County, offers a unique blend of traditional and creative office spaces. The property comprises one single-story building totaling 29,806 square feet, with 11,876 square feet currently vacant. Built in 1984 and extensively renovated in 2023, this property boasts a prime location in Charlotte, NC, offering easy access to major highways, including Hwy 74 (E Independence Blvd), and public transportation, with proximity to the future Lynx Silver Line. Its strategic position between Uptown Charlotte and Matthews provides convenient access to various districts while avoiding the congestion of the city center. The park features eight buildings in total, and available suites range from 785 to 35,000 square feet, catering to diverse business needs. Currently undergoing renovations, this property presents a compelling opportunity for businesses seeking modern, well-located office space. Lease rates are available upon request. For detailed information, please visit creekside-clt.com.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1983
Total area
68,310 SF
Lot
5.52 ac (240,582 SF)
Zoning code
B2
APN
19107101
UPID
US53-1187412
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
-
Melissa R. Lawson, LPA Physician Medical Clinic
-
Remedi SeniorCare of Charlotte Pharmacy
-
alt-biz Coworking & Hybrid Office
-
Carolina Trade Exchange Association Or Organization
-
Opal Autism Centers Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$19.66M
Comparable Approach
Comparable
$13.67M
Blend (final)
Blend
$19.30M
Owner & transaction history
7500 East Independence Boulevard Ll
7500 East Independence Boulevard Ll
since 2025
Last sale
$23.5M
6 recorded transactions
Zoning & alternative use
B2 · Charlotte, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$27.5M
+28.2%
Retail stores
$22.1M
+3.0%
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%
$21,300,000
6.5%
$19,660,000
7%
$18,255,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$21,475,000
Current use
MEDICAL BUILDING
$27,530,000
Change: +28% · Conversion: Easy
RETAIL STORES
$22,125,000
Change: +3% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$20,420,000
Change: -5% · Conversion: Difficult
AUTO REPAIR, GARAGE
$17,800,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$19.30M
Range $17.37M – $21.22M · ±10% · vs last sale $23.50M (Jun 28 2022)
Last sale anchor
$23.50M
Jun 28 2022
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
$282 / 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
$51,921
Tax year 2023
Assessed value
$7,078,500
Assessed 2024
Previous assessed
$7,687,800
-7.9% YoY
Effective rate
0.73%
On assessed value
Assessed land
$2,934,300
Assessed improvement
$4,144,200
Land market value
$2,934,300
Improvement market value
$4,144,200
Total market value
$7,078,500
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
1983
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Units
1
Rooms
89
Total area
68,310 SF
Lot
5.52 ac (240,582 SF)
Zoning code
B2
APN
19107101
UPID
US53-1187412
Jurisdiction
MECKLENBURG
Zoning & alternative use
B2 · Charlotte, NCZoning B2 · permitted uses
B2 · Charlotte, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$21.5M
MEDICAL BUILDING
Est. value
$27.5M
RETAIL STORES
Est. value
$22.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$20.4M
AUTO REPAIR, GARAGE
Est. value
$17.8M
OFFICE BUILDING Current
MEDICAL BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1983
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
1
Rooms
89
Lot
5.52 ac
Current owner
From public records · entity-resolved
7500 East Independence Boulevard Ll
Individual
Free & Clear · 0 yrs held
Mailing address
11701 BORMAN DR, SAINT LOUIS, MO 63146-4120
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 18, 2025
$19,251,500
7500 East Independence Boulevard Ll
Quorum Tech LLC
Warranty Deed
—
Jun 28, 2022
$23,500,000
Quorum Tech LLC
Bp Querum LLC
Special Warranty Deed
$15,633,114 · Inb National Association
Aug 27, 2014
—
Bp Quorum LLC
Quorum Associates LP
Quit Claim Deed
related
$6,240,000 · Branch Bk&tr
Aug 27, 2014
$7,500,000
Bp Quorum LLC
Quorum Associates LP
Grant Deed
related
—
Apr 1, 2009
—
Quorum Associates
—
Deed Of Trust
related
$5,200,000 · Walters Anderson H Trust (tr)
May 5, 1992
$5,900,000
Woodmen Of The World
Unknown
Grant Deed
—
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.
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