7504 Independence BlvdCharlotte, NC 28227

Property Details for 7504 Independence Blvd

Year built

1983

Lot size

5.52 AC

Property size (Sq ft)

68,310 SF

Zone code

B2

Property type

Office buildings

APN

19107101

APU

19107101

Description

This exceptional office park, located in Mecklenburg County, offers a unique blend of traditional and creative office spaces. The property comprises one single-story building totaling 29,806 square feet, with 11,876 square feet currently vacant. Built in 1984 and extensively renovated in 2023, this property boasts a prime location in Charlotte, NC, offering easy access to major highways, including Hwy 74 (E Independence Blvd), and public transportation, with proximity to the future Lynx Silver Line. Its strategic position between Uptown Charlotte and Matthews provides convenient access to various districts while avoiding the congestion of the city center. The park features eight buildings in total, and available suites range from 785 to 35,000 square feet, catering to diverse business needs. Currently undergoing renovations, this property presents a compelling opportunity for businesses seeking modern, well-located office space. Lease rates are available upon request. For detailed information, please visit creekside-clt.com.

• CAP approach

  CAP return

  Valuation

  6%

  $19,301,236

  6.5%

  $17,816,526

  7%

  $16,543,917

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,567,615

  Geo Method

  $11,567,615

• Alternative Use

  Use

  Valuation

  Residential

  $22,092,492

  Hospitality

  $20,236,604

  Educational

  $16,836,616

  Medical

  $17,415,654

  Retail

  $26,190,294

Location Insight

City

Charlotte

County

Mecklenburg

State

North Carolina

Latitude

35.1601

Longitude

-80.7388

CBSA code

16740

CBSA name

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

Property Tax & Assessments

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