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5513 Monroe Rd 2,914 SF Vacant Office Building Charlotte, NC 28212 $1,100,000 ($377.49/SF)
INVESTMENT HIGHLIGHTS
- Updated and energy efficient building features LED lighting, low flow plumbing, Solar Array, newer HVAC, instant tankless hot water system.
- Features breakroom/kitchenette, lobby areas and storage closets.
- Currently used for key man executive offices. Short term leases in place at below market rents.
EXECUTIVE SUMMARY
Great opportunity to get in town office space in Charlotte, NC. Convenient location, well maintained property! Building features updates including: Solar Array, LED lighting, Tankless Instant Hot Water, Low Flow Plumbing updates. Fully leased property currently has tenants with below market leases ranging from 6 months to 3 years. Opportunity to move in or renew at attractive rates.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
2,914 SF
Building Class
C
Year Built
1981
Price
$1,100,000
Price Per SF
$377.49
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,457 SF
Slab To Slab
10’
Building FAR
1.34
Lot Size
0.05 AC
Zoning
OFC - Office Flex Campus - see zoning attachment for use descriptions.
Parking
15 Spaces (5.15 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Courtyard
- Signage
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
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PROPERTY TAXES
| Parcel Number | 163-021-72 | Total Assessment | $481,600 |
| Land Assessment | $134,500 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $347,100 | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
163-021-72
Land Assessment
$134,500
Improvements Assessment
$347,100
Total Assessment
$481,600
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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5513 Monroe Rd
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