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301 S McDowell St
Charlotte, NC 28204

301 Midtown · Office Property For Sale

PROPERTY FACTS

Property Type
Office
Building Size
193,821 SF
Building Class
B
Year Built
1971
Percent Leased
82%
Tenancy
Multiple
Building Height
13 Stories
Typical Floor Size
14,909 SF
Building FAR
1.65
Lot Size
2.70 AC
Zoning
UMUD
Parking
577 Spaces (2.98 Spaces per 1,000 SF Leased)

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

PROPERTY TAXES

Parcel Number
125-081-02
Land Assessment
$16,388,600
Improvements Assessment
$24,502,700
Total Assessment
$40,891,300
  • Listing ID: 6774505

  • Date on Market: 4/14/2017

  • Last Updated:

  • Address: 301 S McDowell St, Charlotte, NC 28204

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