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Investment Highlights
- Single-tenant lease in place through March 2028 with a five-year renewal option.
- Onsite free surface parking for tenant and visitor convenience.
- Immediate cash flow with potential for future occupancy flexibility.
- Located in Fox Run Business Park with excellent visibility along Highway 521.
- Professionally managed property offering operational efficiency.
- Proximity to Ballantyne, I-485, and a robust mix of retail and dining options.
Executive Summary
The property is an office condominium located at 17206 Lancaster Hwy, Suite 508, Charlotte, NC, within the Fox Run Business Park. It is situated along Highway 521, providing visibility and access to major routes including I-485. The surrounding area includes retail centers, dining establishments, and business services. The property includes surface parking and is currently under a single-tenant lease.
Property Facts
| Total Building Size | 7,500 SF | Typical Floor Size | 7,500 SF |
| Property Type | Office (Condo) | Year Built | 2005 |
| Building Class | B | Lot Size | 5.17 AC |
| Floors | 1 | Parking Ratio | 7.2/1,000 SF |
| Zoning | O - Office | ||
| Total Building Size | 7,500 SF |
| Property Type | Office (Condo) |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 7,500 SF |
| Year Built | 2005 |
| Lot Size | 5.17 AC |
| Parking Ratio | 7.2/1,000 SF |
| Zoning | O - Office |
1 Unit Available
Unit 508
| Unit Size | 1,250 SF | Sale Type | Investment |
| Condo Use | Office |
| Unit Size | 1,250 SF |
| Condo Use | Office |
| Sale Type | Investment |
Description
The property is an office condominium located at 17206 Lancaster Hwy, Suite 508, Charlotte, NC, within the Fox Run Business Park. It is situated along Highway 521, providing visibility and access to major routes including I-485. The surrounding area includes retail centers, dining establishments, and business services. The property includes surface parking and is currently under a single-tenant lease.
Sale Notes
This office investment property offers a rare opportunity to acquire a fully leased office condo in the thriving South Charlotte market. Located within the desirable Fox Run Business Park, the property provides immediate cash flow with a single-tenant lease in place through March 2028, including a five-year renewal option. The asset is professionally managed, ensuring operational efficiency and ease of ownership for investors.
Positioned along Highway 521, the property benefits from excellent visibility and convenient access to major transportation routes, including I-485 and the Ballantyne area. The surrounding area features a strong mix of retail, dining, and business amenities, making it an attractive location for tenants and investors alike. With onsite free surface parking and a well-maintained interior layout, this property is ideal for 1031 exchange buyers, private investors, or owner-users seeking long-term stability and future occupancy potential.
Floor Plan
Interior Photo
Interior Photo
Interior Photo
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17206 Lancaster Hwy
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