
3406 Latrobe DR | 3406 Latrobe Dr
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3406 Latrobe DR 3406 Latrobe Dr
12,221 SF Flex Building Charlotte, NC 28211 $3,896,640 CAD ($318.85 CAD/SF)


INVESTMENT HIGHLIGHTS
- Ideally located near major thruways including Wendover Rd, Monroe Rd and Randolph.
- 8 amp and 3 phase power.
- Minutes from Independence Blvd and less than 10 minutes to Uptown Charlotte and interstate I-277.
- 25 foot ceilings and no columns.
EXECUTIVE SUMMARY
• Charlotte’s Robust Market Offers a Single-Tenant Attached; This is a Class C Flex Industrial Space.
• Building Location Sits in a Prime Location Infill to Charlotte with Sub 5-Minute Access to Highway 74, One of the Pulsating Arteries Direct Into the Heart of Charlotte Huge Value-add component.
• Below market rent with comparables that support a $4-6 dollar increase.
• In addition, this site offers a flex space that is heavier industrial than office space which adds more value to the logistic and distribution options.
• Limited new construction of smaller warehousing spaces has limited vacancies among properties smaller than 100,000 SF, even among older and Class B buildings.
• Rent growth remains highest, and available space exceeds $14/SF in most cases, with the smallest spaces reaching into the double-digits.
• Building Location Sits in a Prime Location Infill to Charlotte with Sub 5-Minute Access to Highway 74, One of the Pulsating Arteries Direct Into the Heart of Charlotte Huge Value-add component.
• Below market rent with comparables that support a $4-6 dollar increase.
• In addition, this site offers a flex space that is heavier industrial than office space which adds more value to the logistic and distribution options.
• Limited new construction of smaller warehousing spaces has limited vacancies among properties smaller than 100,000 SF, even among older and Class B buildings.
• Rent growth remains highest, and available space exceeds $14/SF in most cases, with the smallest spaces reaching into the double-digits.
PROPERTY FACTS
Price | $3,896,640 CAD | Rentable Building Area | 12,221 SF |
Price Per SF | $318.85 CAD | No. Stories | 1 |
Sale Type | Investment or Owner User | Year Built | 2009 |
Property Type | Flex | Tenancy | Single |
Property Subtype | Light Distribution | Clear Ceiling Height | 25’ |
Building Class | C | No. Dock-High Doors/Loading | 2 |
Lot Size | 1.35 AC | No. Drive In / Grade-Level Doors | 1 |
Price | $3,896,640 CAD |
Price Per SF | $318.85 CAD |
Sale Type | Investment or Owner User |
Property Type | Flex |
Property Subtype | Light Distribution |
Building Class | C |
Lot Size | 1.35 AC |
Rentable Building Area | 12,221 SF |
No. Stories | 1 |
Year Built | 2009 |
Tenancy | Single |
Clear Ceiling Height | 25’ |
No. Dock-High Doors/Loading | 2 |
No. Drive In / Grade-Level Doors | 1 |
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PROPERTY TAXES
Parcel Number | 157-065-54 | Improvements Assessment | $1,445,599 CAD |
Land Assessment | $693,876 CAD | Total Assessment | $2,139,476 CAD |
PROPERTY TAXES
Parcel Number
157-065-54
Land Assessment
$693,876 CAD
Improvements Assessment
$1,445,599 CAD
Total Assessment
$2,139,476 CAD
ZONING
Zoning Code | I-1 (Industrial) |
I-1 (Industrial) |
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3406 Latrobe DR | 3406 Latrobe Dr
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