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3623 Latrobe Dr
Charlotte, NC 28211
Fairway Office Condominiums · Office Property For Sale
Investment Highlights
- Close proximity to retail anchors like Home Depot and Wendover Shopping Plaza.
- Strategically located near Independence Blvd (HWY 74)
Executive Summary
Boundary Street Advisors is pleased to present a stabilized office investment opportunity at 3623 Latrobe Drive—ideally located just minutes from Uptown Charlotte, Cotswold, and Plaza Midwood. This ±15,886 SF, two-story office building features 13 suites individually leased to a diverse mix of tenants, with current occupancy at 92%. Suite sizes range from approximately 400 to 1,200 SF, providing flexible options for small business users and solid leasing fundamentals for investors.
Positioned on ±2.42 acres with 140 parking spaces, the I-1 zoned property is projected to generate $101,286.24 in gross income in 2025, with a net operating income (NOI) of $36,253.79 after expenses. The building is strategically located near Independence Blvd (HWY 74), with close proximity to retail anchors like Home Depot and Wendover Shopping Plaza.
With strong surrounding demographics, a dense employment base, and excellent access to major corridors, 3623 Latrobe Drive offers an attractive, income-producing investment with room for future upside through lease-up and rent growth.
Positioned on ±2.42 acres with 140 parking spaces, the I-1 zoned property is projected to generate $101,286.24 in gross income in 2025, with a net operating income (NOI) of $36,253.79 after expenses. The building is strategically located near Independence Blvd (HWY 74), with close proximity to retail anchors like Home Depot and Wendover Shopping Plaza.
With strong surrounding demographics, a dense employment base, and excellent access to major corridors, 3623 Latrobe Drive offers an attractive, income-producing investment with room for future upside through lease-up and rent growth.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
6,348 SF
Building Class
B
Year Built
1984
NOI
$36,254
Percent Leased
85%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,174 SF
Slab To Slab
11’
Building FAR
0.06
Lot Size
2.42 AC
Zoning
B1 - Business
Parking
136 Spaces (21.42 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Line
- Controlled Access
- Signage
- Skylights
- Air Conditioning
Property Taxes
| Parcel Numbers | Improvements Assessment | $4,111,400 | |
| Land Assessment | $0 | Total Assessment | $4,111,400 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$4,111,400
Total Assessment
$4,111,400
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