8720 Red Oak BlvdCharlotte, NC 28217

Property Details for 8720 Red Oak Blvd

Year built

1985

Lot size

7.06 AC

Property size (Sq ft)

100,204 SF

Zone code

B-D

Property type

Office properties

Property subtype

Office buildings

APN

16718102

APU

16718102

Description

This exceptional 2,314 square foot office space, located at 8720 Red Oak Blvd., #227 in Charlotte, North Carolina, is immediately available for sublease. Situated in Mecklenburg County, zip code 28217, this Class A property offers a flexible tenancy arrangement ideal for multiple occupants. The space is perfectly suited for businesses seeking executive or traditional office setups, providing ample room for various operational needs. The address boasts a convenient location within Charlotte, offering easy access to major transportation routes and amenities. This turnkey solution eliminates the need for extensive build-out, allowing businesses to focus on their core operations from day one. The property's high-quality construction and modern design ensure a professional and productive work environment. Interested parties are encouraged to schedule a viewing to fully appreciate the exceptional features and strategic location of this outstanding office space. The space is ready for immediate occupancy, making it an attractive option for businesses seeking a quick and efficient relocation or expansion. Contact us today to learn more about this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $25,838,364

  6.5%

  $23,850,798

  7%

  $22,147,170

• Comparable approach

  Method

  Valuation

  Relative Method

  $16,968,546

  Geo Method

  $16,968,546

• Alternative Use

  Use

  Valuation

  Residential

  $29,574,990

  Hospitality

  $27,090,532

  Educational

  $22,539,004

  Medical

  $23,314,156

  Retail

  $35,060,672

Location Insight

City

Charlotte

County

Mecklenburg

State

North Carolina

Latitude

35.1431

Longitude

-80.9065

CBSA code

16740

CBSA name

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

Property Tax & Assessments

FAQs

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