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Ally Charlotte Center

Off-Market

601 South Tryon Street, Charlotte, NC 28202

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 786,155 SF
  • Lot Size 2.97 Acre
  • Parking Spaces Avail. 1092
  • Parking Ratio 1.39/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • LEED Certified Silver
  • Building Class A+
  • Year Built 2021

Location

  • City Charlotte, NC
  • Neighborhood Uptown Charlotte
  • Zip Code 28202
  • 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 30 Jul, 2021
  • 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 $1,780,719
  • Market Value* $184,530,500
  • Assessed Value $184,530,500

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 Ally Charlotte Center?

Ally Charlotte Center totals 786,155 square feet.

When was this property built?

Ally Charlotte Center was built in 2021.

When was Ally Charlotte Center last sold?

Ally Charlotte Center was last sold on 30 Jul, 2021.

What is the property tax for Ally Charlotte Center?

The property tax for Ally Charlotte Center in 2021 was $1,780,719.

What is the market value for Ally Charlotte Center?

The market value* for Ally Charlotte Center in 2021 was $184,530,500.
*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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Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.