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    8000 Corporate Center Dr Charlotte, NC 28226
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    Property profile & analytics

    8000 Corporate Center Dr, Charlotte, NC 28226

    View on Map
    • Office buildings
    • 102,680 SF
    • 5.75 lot acres
    For Lease
    $26 SF/Yr
    View Listing →
    Charlotte Office Space For Rent For Lease
    $26 SF/Yr
    1,818 SF

    Charlotte Office Space For Rent

    Office space available for lease in Charlotte, North Carolina.

    8000 Corporate Center, Charlotte, NC
    View Listing
    Property ID
    US53-5428415
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Jack McCole, CPA / Accounting Firm
    • Guaranteed Rate / Loan Service / Bank
    • Neo Prism Solutions / (Bike/Boat/Book/etc) Store / Corporate Office
    • Portable Oxygen Solutions / Pharmacy
    • CTX Life Sciences Pvt. Ltd. / Factory / Production Facility

    Property Details for 8000 Corporate Center Dr

    Year built
    1981
    Lot size
    5.75 lot acres
    Property size
    102,680 SF
    Zone code
    O1
    Property type
    Office buildings
    APN
    22118109
    APU
    22118109

    Description

    This exceptional two-story Class B office building, situated in South Charlotte's desirable Corporate Center, offers a variety of flexible office spaces. Built in 1982 and extensively renovated in 2016, the property boasts a total of 31,452 square feet, with a minimum divisible space of 529 square feet and a maximum contiguous space of 4,836 square feet. Currently, 9,886 square feet are available for lease. The building features ample parking with 362 surface spaces, providing a generous ratio of 3.60 spaces per 1,000 square feet. Convenient amenities include 24/7 building access, an on-site mail room, and professional on-site management. The property enjoys a prime corner lot location at the intersection of Johnston Road and Highway 51, offering excellent visibility and accessibility. Zoned O1, this Mecklenburg County property is ideal for a variety of professional businesses seeking a well-maintained and conveniently located office space. The building's multiple tenancy structure allows for diverse occupancy options, catering to businesses of varying sizes and needs.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $28,190,000
      6.5%
      $26,025,000
      7%
      $24,165,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $28,427,000
      Market price range: $24.5M - $55.3M
      AI Estimate
      $20,144,000
      Market price range: $15.2M - $43.1M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $38,950,000
      Current use
      MEDICAL BUILDING
      $41,385,000
      Change: +6% Conversion: Easy
      RETAIL STORES
      $33,255,000
      Change: -15% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Charlotte
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.8554
    Latitude
    35.0868
    CBSA code
    16740
    CBSA name
    CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $129,648
    $5,827,300
    $11,848,000
    $17,675,300
    -
    $5,827,300
    $11,848,000
    $17,675,300

    Comparable in this City

    • Value Estimation
      $20,900,000
      85,687 SF

      11111 Carmel Cmns Blvd

      OFFICE BUILDING • 85,687 SF
      11111 Carmel Cmns Blvd, Charlotte, NC 28226-5319
      View Details
    • Value Estimation
      $8,125,000
      34,159 SF

      7300 Carmel Executive Park Dr

      OFFICE BUILDING • 34,159 SF
      7300 Carmel Executive Park Dr, Charlotte, NC 28226-1322
      View Details
    • Value Estimation
      $10,960,000
      139,183 SF

      6701 Carmel Rd

      OFFICE BUILDING • 139,183 SF
      6701 Carmel Rd, Charlotte, NC 28226-3983
      View Details
    • Value Estimation by Request
      1.04 Acres

      Carmel Executive Park

      OFFICE BUILDING • 1.04 Acres
      Carmel Executive Park, Charlotte, NC 28226
      View Details
    • Value Estimation by Request
      0.00 Acres

      Bannington Rd

      OFFICE BUILDING • 0.00 Acres
      Bannington Rd, Charlotte, NC 28226
      View Details
    • Value Estimation
      $5,040,000
      16,576 SF

      3129 Springbank Ln

      OFFICE BUILDING • 16,576 SF
      3129 Springbank Ln, Charlotte, NC 28226-3345
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Renovated Office Building with Amenities

      Newly renovated office building with retail, ample parking, and amenities.
      11111 Carmel Commons Blvd, Charlotte, NC 28226
      View Details
    • Contact for pricing
      1,610 SF

      Corporate Center Office For Sale

      Office space with ample parking in established business area.
      8037 Corporate Center Dr, Charlotte, NC 28226
      View Details
    • $2,500,000
      3.02 Acres

      Residential Land in South Charlotte

      Development opportunity in a desirable, rapidly growing South Charlotte location.
      7000 Old Providence Rd, Charlotte, NC 28226
      View Details
    • New
      $324,800
      0.19 Acres

      Developed Lot in South Charlotte

      Ready-to-build lot in prime location near shopping and recreation.
      6814 Larrisa Ct, Charlotte, NC 28226
      View Details
    • $949,000
      1.14 Acres

      South Park Acreage, Build Dream Home

      Rare 1.14-acre lot in the heart of South Park.
      4819 Camilla Dr, Charlotte, NC 28226
      View Details
    • $978,000
      0.69 Acres

      SouthPark Land Investment Opportunity

      Prime 0.69-acre lot in SouthPark with redevelopment potential.
      4640 Town And Country Dr, Charlotte, NC 28226
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Office Building in Belle Grove

      Office building with ample parking and convenient highway access.
      3315 Springbank Ln, Charlotte, NC 28226
      View Details
    • Contact for pricing

      Carmel Executive Park Office Space

      Office park with flexible suites in Charlotte's 485/South submarket.
      7301 Carmel Executive Park Dr, Charlotte, NC 28226
      View Details
    • Contact for pricing

      Carmel Executive Park Office Space

      Master-planned office park with flexible suite sizes for rent.
      7421 Carmel Executive Park Dr, Charlotte, NC 28226
      View Details
    • $24 SF/Yr
      1,050 SF

      Professional Office Space For Rent

      Second floor office space available December 1st.
      10801 Johnston Rd, Charlotte, NC 28226
      View Details
    • Contact for pricing

      Office Space at Highway 51

      Office space conveniently located at the intersection of NC Highway 51.
      7621 Little Ave, Charlotte, NC 28226
      View Details
    • Contact for pricing
      2,425 SF

      Charlotte Office Space For Rent

      Office space available for lease in Charlotte, North Carolina.
      8000 Corporate Center Dr, Charlotte, NC 28226
      View Details
    View Listing
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    Charlotte, NC 28226
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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