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    Property profile & analytics
    OFF-MARKET Estimated value $1,830,000
    Retail space

    8816 University E Dr, Charlotte, NC 28213-3971

    11,615 SF 2.25 ac lot Built 2001
    Entity Owned 12-yr Hold ~ Est. High Equity
    Property ID
    US53-5337449
    Property summary
    AI-generated overview

    This exceptional 1,604 square foot office space is available for lease within a larger 6,300 square foot building located at 8816 University East Drive in Charlotte, North Carolina, zip code 28213. The property, built in 2001, is a single-story building featuring a total of two suites. This particular suite offers a fantastic opportunity for businesses seeking a well-located and readily available office space. The building boasts excellent visibility due to its prime location in University East Square, with prominent frontage on WT Harris Boulevard and University East Drive, ensuring high traffic and excellent exposure for your business. The property is classified as both retail and office, making it suitable for a variety of uses. The minimum leasable space is 1,604 square feet, representing one of the two suites within the building. The building itself comprises 6,300 square feet in total. This is an ideal opportunity to establish a presence in a thriving Charlotte neighborhood. The address is easily accessible and offers convenient access to major transportation routes. Interested parties should inquire promptly to secure this desirable office space.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 2001
    Total area 11,615 SF
    Lot 2.25 ac (98,184 SF)
    Zoning code BPCD
    APN 10537108
    UPID US53-5337449
    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
    • Metrolina Eye Associates - University Ophthalmologist
    • Dr. Lee Raykovicz Ophthalmologist
    • Shivali Desai Physician
    • Shivali Piyush Desai Physician
    • U-Haul Neighborhood Dealer Car Rental Facility
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.83M
    Owner & transaction history
    Boston Investment LLC · 12 yrs held
    Boston Investment LLC
    since 2014
    5 recorded transactions
    2021
    2018
    2014
    $935,000
    2008
    $1.8M
    1969
    Zoning & alternative use
    BPCD · Charlotte, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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