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Camp North End - Hercules South & Big Roof

Off-Market

SEC Statesville Avenue & Hercules Drive, Charlotte, NC 28206

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  • Property Type Office - Creative Office
  • Property Size 230,000 SF
  • Lot Size 22.39 Acre
  • LEED Proposed Certified Gold

Location

  • City Charlotte, NC
  • Neighborhood Druid Hills
  • Zip Code 28206
  • Market Charlotte

Contacts

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Owner

  • True Owner

Brokers

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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Charlotte

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Charlotte Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $29.23
  • 2020 Office Vacancy Rate 12.72%
  • 2020 Office Completions (SF) 279,623

Charlotte Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2020 Avg. Price per SF $415.59
  • Y-o-Y Avg. PpSF Change 45.00%
  • 2020 Office Sales Volume $939.7M
  • 2020 Number of Transactions 15
View more Charlotte market trends

Tax

  • Property Tax in 2021 $162,239
  • Market Value* $16,812,400
  • Assessed Value $16,812,400

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of Camp North End - Hercules South & Big Roof?

Camp North End - Hercules South & Big Roof totals 230,000 square feet.

When was this property built?

Camp North End - Hercules South & Big Roof was built in 1943.

What is the property tax for Camp North End - Hercules South & Big Roof?

The property tax for Camp North End - Hercules South & Big Roof in 2021 was $162,239.

What is the market value for Camp North End - Hercules South & Big Roof?

The market value* for Camp North End - Hercules South & Big Roof in 2021 was $16,812,400.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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