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5513 Monroe Rd 2,914 SF Vacant Office Building Charlotte, NC 28212 $1,050,000 ($360.33/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
$1,050,000
Price Per SF
$360.33
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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