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Bldg 2 10220 Prosperity Park Dr 7,394 SF 100% Leased Office Building Charlotte, NC 28269 $2,000,000 ($270.49/SF)
Investment Highlights
- Condition: Existing medical office space.
- 10-year NNN lease in place until July 31, 2034; 7% Cap Rate.
- Prosperity Park is within walking distance to residential neighborhoods, office space, medical space, grocery stores, restaurants and retail.
- Space potentially divisible. Current floorplan includes office condo units 200 and 300.
- Located less than ¼ mile from Exit 26 I-485 Outer Loop of Charlotte, this area is experiencing tremendous growth.
- Prosperity Park is a mixed-use development located in the University area of Charlotte, just minutes from Concord Mills.
Executive Summary
Prosperity Park is a mixed-use development in the University area, located near the new I-485 outer loop Exit 26 in northeast Charlotte. With tremendous growth in the area, Prosperity Park’s “Neighborhood Services” (NS) zoning positions it as a strategic location for medical practices. This office condo space is available for lease, and includes signage, ample parking, visibility and easy access.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
7,394 SF
Building Class
B
Year Built
2003
Price
$2,000,000
Price Per SF
$270.49
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,394 SF
Building FAR
0.85
Lot Size
0.20 AC
Zoning
NS
Parking
79 Spaces (4.45 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Conferencing Facility
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- ABI Autism
- Health Care and Social Assistance
- -
- -
- -
-
- Health Care and Social Assistance
- -
- -
- -
Hilton Head Medical Center LLC is a full-service general acute care hospital located on Hilton Head Island, South Carolina. The facility operates as Novant Health Hilton Head Medical Center and provides comprehensive inpatient and outpatient medical services to residents and visitors of Hilton Head Island, Bluffton, and surrounding Lowcountry communities. The hospital offers 24-hour emergency care along with specialized services including cardiology, orthopedics, maternity care, stroke care, surgical services, and diagnostic imaging.
- Prosperity Park Center for Dentistry
- Health Care and Social Assistance
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| ABI Autism | Health Care and Social Assistance | - | - | - | ||
|
|
Health Care and Social Assistance | - | - | - | ||
| Prosperity Park Center for Dentistry | Health Care and Social Assistance | - | - | - |
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Property Taxes
| Parcel Numbers | Improvements Assessment | $1,390,000 | |
| Land Assessment | $0 | Total Assessment | $1,390,000 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$1,390,000
Total Assessment
$1,390,000
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Videos
Matterport 3D Exterior
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Photos
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Street
Map
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Bldg 2 | 10220 Prosperity Park Dr
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