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1028 W 5th St
Charlotte, NC 28202
Third Ward Professional Center · Property For Lease

Highlights

  • 2023 Population in 2-mi radius: 67,501 and 5-mi radius: 263,151
  • Traffic Counts: Next to I-77 that has 136,195 VPD and on W 5th St with 14,191 VPD
  • Average HH income in 2-mi radius: $98,889 and 5-mi radius: $93,127

Property Overview

This listing is unpriced and a commercial redevelopment opportunity for lease, ground lease, JV, or sale of the Third Ward Professional Center, a ± 2,997 SF two-suite medical office that was formerly an oral surgeon office and a dental practice. This listing includes the ± 0.26 Acre parcel (07814302) with the vacant building along with two additional ± 0.18 Acre parcels (07814324, 07814325) adjacent to the building, currently operated as surface parking lots. Ideal for another medical/professional office or retail tenant but also could be a site for a small mixed-use development with commercial tenants on the street level and multi-family tenants above. Current market rent averages $39/SF for other offices in the CBD submarket.

  • Bus Line
  • Commuter Rail
  • Signage
  • Partitioned Offices
  • Air Conditioning

Property Facts

Building Type
Office
Year Built
1982
Building Height
1 Story
Building Size
2,997 SF
Building Class
C
Typical Floor Size
2,997 SF
Parking
42 Surface Parking Spaces
  • Listing ID: 29292395

  • Date on Market: 8/16/2023

  • Last Updated:

  • Address: 1028 W 5th St, Charlotte, NC 28202

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