For Sale
$1,567,714

7731 Little AveCharlotte, NC 28226

Fully Leased, High-Cap Rate Office Building

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a fully leased, 5,000 square foot medical and traditional office building situated on a 0.79-acre lot in Charlotte, North Carolina. The single-story building, constructed in 1999, boasts a 100% occupancy rate with five tenants under a gross lease structure. The property offers a compelling 7.00% capitalization rate, generating a net operating income (NOI) of $109,740, with an asking price of $1,567,714. This translates to a price per square foot of $313.54. The property is zoned O-1 and enjoys a prime location across from Carmel Commons Shopping Center, providing convenient access to I-485 and Ballantyne. The building's strong tenant base and stable income stream make it an attractive investment for those seeking a stabilized, multi-tenant property in a desirable Charlotte location. Showings are by appointment only to avoid disturbing current tenants. This is a rare opportunity to acquire a high-performing asset in a thriving market. The property address is 7731 Little Ave, Charlotte, NC 28226.

Highlights

  • $1,567,714 asking price for a stabilized, fully leased office/medical investment property.
  • 5,000 square feet on a 0.79-acre lot in Charlotte, NC.
  • Multi-tenant building with five tenants, offering a 7.00% cap rate and $109,740 annual net operating income (NOI).
  • Gross lease structure with 100% occupancy.
  • Located at 7731 Little Ave, Charlotte, NC 28226, near Carmel Commons Shopping Center and I-485.
  • Single-story building constructed in 1999, zoned O-1.

Property Details for 7731 Little Ave

Property type
Office properties, Medical offices
Square Feet
5,000 SF
Year Built
1999
Stories
1
Lot Size (sq. ft)
34,412 SF

Location Insight

City
Charlotte
County
Mecklenburg
State
North Carolina
Latitude
35.088761731827
Longitude
-80.848842950654
7731 Little Ave, Charlotte, North Carolina

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
7731 Little Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message