Technical
Financial
Distress signals
Property profile

8816 University E Dr Charlotte, NC 28213

OFF-MARKET
Retail space
Property ID
US53-5337449
11,615 SF 2.25 ac lot Built 2001
Entity Owned 12-yr Hold ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Ophthalmologist
  • Ophthalmologist
  • Physician
  • Physician
  • Car Rental Facility

Location

8816 University E Dr Charlotte, NC 28213-3971
Charlotte metro Census 5613 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
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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

since 2014
5 recorded transactions
2021
Price N/A
2018
Price N/A
2014
$935,000
2008
$1.8M
1969
Price N/A

Zoning & alternative use

BPCD · 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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