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- LoopNet Team
301 S McDowell St
Charlotte, NC 28204
301 Midtown · Office Property For Sale
PROPERTY FACTS
Amenities
- Controlled Access
- Concierge
- Conferencing Facility
- Property Manager on Site
- Security System
About 301 S McDowell St , Charlotte, NC 28204
The Cameron Brown Building (the Property ) is a 13-story office building developed in 1971 and renovated in 2012. The Property offers 184,144 square feet of rentable space and is easily accessible due to its proximity to all major thoroughfares and local transit systems. Approximately 79.2% occupied, the asset sits in Charlotte' s Central Business District and within walking distance of Charlotte' s most visible points of interest including Bank of America' s headquarters, Wells Fargo' s East Coast Headquarters, Spectrum Arena, and Bank of America Stadium. The Property offers prospective investors a generational opportunity to acquire significant critical mass, well below replacement cost, in burgeoning downtown Charlotte. Current market conditions further complement the rare opportunity that exists for a potential investor to lease up existing vacancy at attractive, rapidly rising rates. Downtown rental rates have grown more than 18% in the past twenty four (24) months and the current Downtown vacancy rate is at a six year low of 8.7%, creating a highly favorable leasing scenario. The Cameron Brown Building is ideally sited at the south west corner of the Charlotte CBD with direct access to Interstate 277 Charlottes' central auxiliary highway that encircles Charlotte' s Center City - offering dynamic connectivity to every corner of the Charlotte MSA.
PROPERTY TAXES
Parcel Number | 125-081-02 | Improvements Assessment | $24,502,700 |
Land Assessment | $16,388,600 | Total Assessment | $40,891,300 |
PROPERTY TAXES
Learn More About Investing in Office Space
Listing ID: 6774505
Date on Market: 4/14/2017
Last Updated:
Address: 301 S McDowell St, Charlotte, NC 28204
The Office Property at 301 S McDowell St, Charlotte, NC 28204 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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