10635 Park Rd - Medical FOR SALE
Charlotte, NC 28210 |
$27,986,016 USD
704-904-5546
10635 Park Rd
Charlotte, NC 28210
HIGHLIGHTS
- Redevelopment – down-to-the-studs renovation of 58,483 SF, creating modern medical office space for long-term tenancy
- Hospital-Adjacent / On-Campus – 170 yards from Atrium Health Pineville, a 235-bed regional hospital, capturing referral-driven patient traffic
- Hospital Grade Anchor Tenant – Tryon Medical Partners occupies 42% of the building, providing stable, credit-backed income
- NNN Lease Structure – minimal landlord responsibilities, ensuring predictable cash flow
- Built-In Income Growth – annual rent increases during base and option periods provide an inflation hedge and long-term NOI growth
- Prime South Charlotte Location – immediate access to Interstate 485, North Carolina Highway 51, and Park Road, serving a large, affluent population
FOR SALE DETAILS
PRICE
$27,986,016 USD
PRICE/SF
$478 USD /SF
CAP RATE
6.15%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
B
YEAR BUILT
1981
SPRINKLERS
-
PARKING SPACES
399
LAND DETAILS
LAND ACRES
5.33 AC
LAND SF
232,175 SF
ZONING
B4
APN/PARCEL ID
221-192-15
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704-904-5546
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704-904-5546
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