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Investment Highlights

  • More than $3.4 million in capital improvements since 2014 and additional tenant investment for interior build-out.
  • ±8.5-acre campus with 800 dedicated parking spaces supporting operational needs.
  • Close proximity to Charlotte Douglas International Airport and Uptown Charlotte, providing connectivity to regional and national markets.
  • Exceptional accessibility to I-85, I-485, and University City amenities including UNC Charlotte and nearby retail hubs.
  • Located in University Research Park, a vibrant corridor housing global corporations, institutional facilities, and technology firms.

Executive Summary

This offering presents the opportunity to acquire a ±144,000 SF institutional-quality office asset fully leased to Mecklenburg County, one of North Carolina’s most stable government tenants, carrying an AAA credit rating. The property is part of Charlotte’s high-growth University Research Park submarket, which benefits from proximity to I-85, I-485, and the UNC Charlotte campus, creating a major business corridor for corporate and government operations.
The three-story building is situated on approximately 8.5 acres and has undergone significant capital investment exceeding $3.4 million since 2014, including upgrades to roofing, HVAC/chiller systems, windows, elevator, lobby, and parking lot. The tenant has also invested an additional $3.5–$4 million for new furniture while implementing 24/7 operational capability on the third floor with enhanced security protocols. The property provides ample on-site surface parking with approximately 800 spaces (ratio of 5.56/1,000).
Currently 100% leased directly to Mecklenburg County under two leases with a WALT of five years, the tenancy includes 3% annual escalations and no termination rights, ensuring future income stability. With nearby access to Charlotte Douglas International Airport (approximately 21 minutes) and central positioning within the region’s primary office hub, this property offers long-term income security and minimal maintenance obligations, making it a compelling government-backed investment asset.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
144,668 SF
Building Class
B
Year Built
1985
NOI
$4,547,471 CAD
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
49,049 SF
Slab To Slab
12’
Building FAR
0.37
Lot Size
8.99 AC
Zoning
RE-2 - Commercial
Parking
912 Spaces (6.2 Spaces per 1,000 SF Leased)

Amenities

  • Controlled Access
  • Property Manager on Site
  • Security System
  • Signage
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Fl-Ste 101
  • 112 SF
  • Office
  • Full Build-Out
  • Now
Space Size Space Use Build-Out Available
1st Fl-Ste 101 112 SF Office Full Build-Out Now

1st Fl-Ste 101

Size
112 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
20/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
047-152-49
Land Assessment
$4,149,781 CAD
Improvements Assessment
$27,819,605 CAD
Total Assessment
$31,969,385 CAD
  • Listing ID: 40164564

  • Date on Market: 2026-04-15

  • Last Updated:

  • Address: 10101 David Taylor Dr, Charlotte, NC 28262

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