Map of Property

PROXIMITY PARK

401 McCullough Drive, Charlotte, NC 28262

  • For Sale $55,000,000
  • Property Type Office - General Office
  • Building Class A
  • Year Built 1973
  • Year Renovated 2019
  • Date Updated Apr 21, 2024

Unique opportunity for owner/user or investor to purchase the recently renovated, Class A, office building in the University City submarket of Charlotte. The existing in-place lease of 106,351 SF allows an owner/user immediate income with the ability to occupy up to 97,912 SF on the first and third floors of the building.


Proximity Park is a three-story, 204,263 SF, office building on 32 acres that fronts I-85. The building is walking distance to the McCullough Light Rail stop and sits on McCullough Dr. which is currently undergoing a reconfiguration/renovation that will add bike lanes, pedestrian sidewalks and medians. The campus setting of
the building is 1.5 miles from UNC Charlotte and less than 1 mile from the new University City entertainment area that includes Top Golf, new movie theatre and numerous retail amenities.


Originally built for Allstate in 1970, the building was completely redeveloped in 2019 to include new mechanical, new electrical, new roof, new parking lots, new front windows, new common restrooms, new two story entryway and a high end fitness center.

Available | $22.00 / SF NNN

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Reach out to the broker for more info on lease terms and amenities

Attachments

Contacts

broker

Brad Grow

Colliers

(704) 409-2365

broker

Kimberly C. Kendall

Colliers

(704) 973-7206

broker

Dorsey Zaharis

Colliers

(704) 973-7209

Location

Getting Around

  • Walk Score ®

    36/100 Car-Dependent

  • Transit Score ®

    45/100 Some Transit

  • Bike Score ®

    23/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Charlotte, NC
  • Neighborhood Mineral Springs - Rumble Road
  • Zip Code 28262
  • Market Charlotte

Points of Interest

  • McCullough

    0.44 miles

  • JW Clay Boulevard/UNC Charlotte

    0.99 miles

  • University City Boulevard

    1.14 miles

  • UNC Charlotte–Main

    1.62 miles

  • Tom Hunter

    1.78 miles

  • Old Concord Road

    3.08 miles

  • Sugar Creek

    4.03 miles

  • 36th Street

    4.55 miles

  • 25th Street

    5.33 miles

  • Charlotte

    5.55 miles

  • Marathon Gas

    0.53 miles

  • Circle K

    0.63 miles

  • Circle K

    1.01 miles

  • Exxon

    1.96 miles

  • Shell

    1.99 miles

  • Circle K

    2.05 miles

  • 7-Eleven

    2.15 miles

  • Exxon

    2.17 miles

  • Mobil

    2.19 miles

  • BP

    2.25 miles

  • Central Park

    0.58 miles

  • North Park

    0.65 miles

  • Visitor Parking

    0.78 miles

  • Lynx Park and Ride

    0.98 miles

  • West Deck

    1.34 miles

  • Union Deck

    1.46 miles

  • Cone Deck

    1.46 miles

  • North Deck

    1.76 miles

  • East Deck 1

    1.84 miles

  • East Deck 2

    1.89 miles

  • Home2 Suites by Hilton Charlotte University Research Park

    0.32 miles

  • Fairfield Inn & Suites Charlotte University Research Park

    0.32 miles

  • Holiday Inn Express & Suites

    0.34 miles

  • Drury Inn & Suites Charlotte University Place

    0.40 miles

  • Extended Stay America

    0.43 miles

  • Hampton Inn University Place

    0.44 miles

  • Holiday Inn Charlotte-University Place

    0.45 miles

  • Sonesta Select Charlotte University Research Park

    0.45 miles

  • Microtel Inn by Wyndham Charlotte/University Place

    0.49 miles

  • Residence Inn Charlotte University Research Park

    0.49 miles

  • Nakato Japanese Restaurant & Sushi Bar

    0.39 miles

  • Taco Mac

    0.41 miles

  • Hwy 55 Burgers Shakes & Fries

    0.45 miles

  • Burger King

    0.46 miles

  • Showmar's

    0.46 miles

  • Chili's

    0.46 miles

  • TGI Friday's

    0.47 miles

  • China Buffet

    0.47 miles

  • Bikini's

    0.47 miles

  • Da Vinci's Pizza

    0.48 miles

  • John Motley Morehead STEM Academy

    0.97 miles

  • The University of North Carolina at Charlotte

    1.58 miles

  • Countryside Montessori

    1.79 miles

  • Newell Elementary School

    1.90 miles

  • Derita Alternative School

    2.16 miles

  • Hidden Valley Elementary School

    2.84 miles

  • Central Piedmont Community College – Cato Campus

    3.15 miles

  • David Cox Elementary School

    3.23 miles

  • Briarwood Elementary School

    3.57 miles

  • Winding Springs Elementary School

    3.79 miles

  • La Petite Academy of Charlotte

    1.25 miles

  • Childcare Network

    1.53 miles

  • Rainbow Child Care Center

    5.40 miles

  • Primrose School at Eastfield Village

    5.86 miles

  • Pride and Joy Daycare

    7.44 miles

  • Childcare Network

    7.82 miles

  • Childcare Network

    8.08 miles

  • Dilworth Child Development Center

    8.36 miles

  • The Children's Courtyard of Concord

    9.38 miles

Frequently Asked Questions

What is the lease rate for PROXIMITY PARK?

Rental asking rate at PROXIMITY PARK is $27,500,000.00/YR.

What is the total square footage of PROXIMITY PARK?

PROXIMITY PARK totals 63,210 square feet.

When was this property built?

PROXIMITY PARK was built in 1973.

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