South End Business Park

Off-Market

3400 St. Vardell Lane, Charlotte, NC 28217

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  • Property Type Industrial - Flex - Industrial
  • Property Size 377,152 SF
  • Lot Size 35.89 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1979

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 21 Nov, 2022
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity 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.

  • 2022 Avg. Asking Rent $32.14
  • 2022 Office Vacancy Rate 12.09%
  • 2022 Office Completions (SF) 575,605

Charlotte Office Sales Trends

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

  • 2022 Avg. Price per SF $293.06
  • Y-o-Y Avg. PpSF Change -22.34%
  • 2022 Office Sales Volume $1.2B
  • 2022 Number of Transactions 31
View more Charlotte market trends

Location

Getting Around

  • Walk Score ®

    31/100 Car-Dependent

  • Transit Score ®

    46/100 Some Transit

  • Bike Score ®

    41/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Charlotte, NC
  • Neighborhood Southside Park
  • Zip Code 28217
  • Market Charlotte

Points of Interest

  • New Bern

    0.64 miles

  • Scaleybark

    0.70 miles

  • East/West Boulevard

    1.48 miles

  • Woodlawn

    1.68 miles

  • Bland Street

    1.79 miles

  • Carson

    2.11 miles

  • Brooklyn Village

    2.40 miles

  • Tyvola

    2.57 miles

  • 3rd Street/Convention Center

    2.67 miles

  • Tryon Street

    2.82 miles

  • Shell

    0.22 miles

  • BP

    0.29 miles

  • QuikTrip

    0.55 miles

  • Swamee Mart

    0.62 miles

  • Citgo

    0.62 miles

  • Shell

    0.88 miles

  • Marathon

    0.99 miles

  • QuikTrip

    1.46 miles

  • Exxon

    1.49 miles

  • Citgo

    1.50 miles

  • Design Center Parking Garage

    1.31 miles

  • Parking Garage

    1.39 miles

  • Design Center Tower Parking Garage

    1.41 miles

  • Woodlawn Park and Ride

    1.69 miles

  • Vantage Parking Deck

    1.98 miles

  • Parking Deck A

    2.17 miles

  • Parking Deck B

    2.22 miles

  • Scott Employee Parking Deck

    2.27 miles

  • Morehead Medical Plaza Parking Deck

    2.34 miles

  • Medical Center Plaza Parking Deck

    2.34 miles

  • Suffolk Punch

    0.64 miles

  • Subway

    0.67 miles

  • Greystone Pub

    0.68 miles

  • Chick-fil-A

    0.71 miles

  • Burger King

    0.73 miles

  • The Waterman

    0.78 miles

  • McDonald's

    0.85 miles

  • Zack's Hamburgers

    0.88 miles

  • Mac's Speed Shop

    0.93 miles

  • Taco Bell

    1.01 miles

  • Harris Teeter

    0.84 miles

  • Publix

    1.12 miles

  • Food Lion

    1.55 miles

  • Walmart Supercenter

    1.97 miles

  • Harris Teeter

    2.03 miles

  • Harris Teeter

    2.41 miles

  • ALDI

    2.47 miles

  • Compare Foods

    2.52 miles

  • ALDI

    2.55 miles

  • Ross

    2.56 miles

  • Cannon Pharmacy

    1.01 miles

  • Crown Clinic

    1.19 miles

  • Charlotte Fire Department Station 2

    1.47 miles

  • CVS Pharmacy

    1.61 miles

  • CMPD Police Station

    1.62 miles

  • Concentra Urgent Care

    1.65 miles

  • CVS Pharmacy

    1.71 miles

  • Charlotte Fire Department Station 10

    1.75 miles

  • South Charlotte VA Clinic

    1.83 miles

  • Charlotte Fire Department Station 12

    1.85 miles

Frequently Asked Questions

What is the total square footage of South End Business Park?

South End Business Park totals 377,152 square feet.

When was South End Business Park last sold?

South End Business Park was last sold on 21 Nov, 2022.

What is the property tax for South End Business Park?

The property tax for South End Business Park in 2022 was $214,854.

What is the market value for South End Business Park?

The market value* for South End Business Park in 2022 was $22,264,700.
*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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