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Regency Executive Park - 201 Regency Executive Park Drive

Off-Market

201 Regency Executive Park Drive, Charlotte, NC 28217

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  • Property Type Office - General Office
  • Property Size 31,600 SF
  • Lot Size 3.42 Acre
  • Parking Spaces Avail. 189
  • Parking Ratio 6.00/ 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1993

Location

  • City Charlotte, NC
  • Neighborhood Yorkmount
  • Zip Code 28217
  • Market Charlotte

Contacts

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Owner

  • True Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 19 Jul, 2019
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date

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 $43,615
  • Market Value* $4,519,700
  • Assessed Value $4,519,700

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 Regency Executive Park - 201 Regency Executive Park Drive?

Regency Executive Park - 201 Regency Executive Park Drive totals 31,600 square feet.

When was this property built?

Regency Executive Park - 201 Regency Executive Park Drive was built in 1993.

When was Regency Executive Park - 201 Regency Executive Park Drive last sold?

Regency Executive Park - 201 Regency Executive Park Drive was last sold on 19 Jul, 2019.

What is the property tax for Regency Executive Park - 201 Regency Executive Park Drive?

The property tax for Regency Executive Park - 201 Regency Executive Park Drive in 2021 was $43,615.

What is the market value for Regency Executive Park - 201 Regency Executive Park Drive?

The market value* for Regency Executive Park - 201 Regency Executive Park Drive in 2021 was $4,519,700.
*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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