8000 Corporate Center DrCharlotte, NC 28226

Property Details for 8000 Corporate Center Dr

Year built

1981

Lot size

5.75 AC

Property size (Sq ft)

102,680 SF

Zone code

O1

Property type

Office properties

Property subtype

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.

• CAP approach

  CAP return

  Valuation

  6%

  $27,746,682

  6.5%

  $25,612,322

  7%

  $23,782,870

• Comparable approach

  Method

  Valuation

  Relative Method

  $17,387,832

  Geo Method

  $17,387,832

• Alternative Use

  Use

  Valuation

  Residential

  $31,759,278

  Hospitality

  $29,091,328

  Educational

  $24,203,644

  Medical

  $25,036,044

  Retail

  $37,650,112

Location Insight

City

Charlotte

County

Mecklenburg

State

North Carolina

Latitude

35.0868

Longitude

-80.8554

CBSA code

16740

CBSA name

CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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