101 Tryon StCharlotte, NC 28280

  • Office properties
  • 546,910 SF
For Lease
$43/SF/YR View listing

Property Details for 101 Tryon St

Year built
1983
Lot size
1.22 AC
Property size (Sq ft)
546,910 SF
Zone code
UMUD
Property type
Office properties
Property subtype
Office buildings
APN
7801401
APU
7801401

Description

One South, located at 101 S Tryon St in Charlotte, NC, offers premium executive office space in the heart of the Downtown submarket. This Class A building, totaling 891,136 square feet, underwent a complete renovation in 2022, providing a modern and interconnected workplace experience. The property boasts 31 total suites, with 28 currently available, ranging from a minimum of 544 square feet to a maximum contiguous space of 23,393 square feet. This flexibility caters to businesses of various sizes, from small startups to large corporations. Currently, there are 218,585 square feet of vacant space ready for immediate occupancy. Originally constructed in 1974, One South has been meticulously updated to meet the demands of today's modern workforce. Its prime location in Mecklenburg County provides easy access to major transportation routes and a wealth of amenities. The building offers a complete ecosystem designed to support both work and leisure activities, creating a vibrant and productive environment for tenants and their employees. This exceptional property presents a unique opportunity to establish a presence in one of Charlotte's most desirable business districts.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $150,188,736
    6.5%
    $138,635,760
    7%
    $128,733,200
  • Comparable approach

    Method
    Valuation
    Relative Method
    $92,613,736
    Geo Method
    $92,613,736
  • Alternative Use

    Use
    Valuation
    Residential
    $171,908,336
    Hospitality
    $157,467,104
    Educational
    $131,010,784
    Medical
    $135,516,448
    Retail
    $203,794,560
101 Tryon St, Charlotte, North Carolina

Location Insight

City
Charlotte
County
Mecklenburg
State
North Carolina
Latitude
35.2278
Longitude
-80.8429
CBSA code
16740
CBSA name
CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$983,329
$13,888,300
$120,171,500
$134,059,800
-
$13,888,300
$120,171,500
$134,059,800

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