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2540 Arrowood Rd - Building 5 2,529 SF Medical Condo Unit Offered at $1,054,952 CAD in Charlotte, NC 28273



Investment Highlights
- End-unit medical office condominium with visibility from W. Arrowood Road.
- Exterior signage opportunity supports business identification.
- Interior renovations were completed in 2018.
Executive Summary
Medical office condominium located at 2540 W. Arrowood Road in Charlotte, North Carolina. The end-unit property was built in 2006 and renovated in 2018. The property is positioned across from Whitehall Commons Shopping Center and has access to Interstate 485, Interstate 77, and Charlotte Douglas International Airport. The condominium is identified for medical office use and includes exterior signage opportunities.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | No. Parking Spaces | 20 |
| Cap Rate | 8.78% | APN/Parcel ID | 201-301-40 |
| Sale Type | Investment or Owner User |
| Cap Rate | 8.78% |
| No. Parking Spaces | 20 |
| APN/Parcel ID | 201-301-40 |
Description
Suite 101 features an updated medical office layout with renovated interiors and a professional healthcare-oriented environment suitable for a variety of medical and clinical practices.
Sale Notes
2540 W. Arrowood Road presents an opportunity to acquire a medical office condominium in Charlotte's established Steele Creek submarket. Configured for medical office use and positioned as an end-unit, the property offers visibility along W. Arrowood Road and signage exposure that supports patient access and business recognition. Interior renovations completed in 2018 provide an updated environment for owner-users, medical practices, healthcare specialists, or investors seeking a professionally positioned medical asset.
The property's location enhances its appeal through proximity to major transportation corridors including Interstate 485 and Interstate 77, providing convenient regional access for patients, employees, and service providers. Charlotte Douglas International Airport is located nearby, supporting accessibility for traveling professionals and visitors. The property also benefits from its position across from Whitehall Commons Shopping Center, placing it within an established commercial corridor supported by retail, dining, and daily-service amenities.
Surrounding healthcare providers, national retailers, and community-serving businesses contribute to ongoing activity within the immediate area. Nearby destinations include Publix, Walmart Supercenter, Lowe's Home Improvement, Steele Creek YMCA, and multiple medical and dental practices. The combination of medical office functionality, updated interiors, visibility, and access to major transportation infrastructure creates a compelling ownership opportunity within one of Charlotte's active commercial districts.
The property's location enhances its appeal through proximity to major transportation corridors including Interstate 485 and Interstate 77, providing convenient regional access for patients, employees, and service providers. Charlotte Douglas International Airport is located nearby, supporting accessibility for traveling professionals and visitors. The property also benefits from its position across from Whitehall Commons Shopping Center, placing it within an established commercial corridor supported by retail, dining, and daily-service amenities.
Surrounding healthcare providers, national retailers, and community-serving businesses contribute to ongoing activity within the immediate area. Nearby destinations include Publix, Walmart Supercenter, Lowe's Home Improvement, Steele Creek YMCA, and multiple medical and dental practices. The combination of medical office functionality, updated interiors, visibility, and access to major transportation infrastructure creates a compelling ownership opportunity within one of Charlotte's active commercial districts.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 100 (A) | 2,529 SF | Medical | $1,054,952 CAD ($417.14 CAD/SF) | $92,624.75 CAD |
Unit 100 (A)
| Unit Size |
| 2,529 SF |
| Condo Use |
| Medical |
| Price |
| $1,054,952 CAD ($417.14 CAD/SF) |
| NOI |
| $92,624.75 CAD |
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Unit 100 (A)
| Unit Size | 2,529 SF |
| Condo Use | Medical |
| Price | $1,054,952 CAD ($417.14 CAD/SF) |
| NOI | $92,624.75 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 8.78% |
| No. Parking Spaces | 20 |
| APN/Parcel ID | 201-301-40 |
| Description | |
| Suite 101 features an updated medical office layout with renovated interiors and a professional healthcare-oriented environment suitable for a variety of medical and clinical practices.</li></ul> | |
| Sale Notes | |
| 2540 W. Arrowood Road presents an opportunity to acquire a medical office condominium in Charlotte's established Steele Creek submarket. Configured for medical office use and positioned as an end-unit, the property offers visibility along W. Arrowood Road and signage exposure that supports patient access and business recognition. Interior renovations completed in 2018 provide an updated environment for owner-users, medical practices, healthcare specialists, or investors seeking a professionally positioned medical asset.<br> The property's location enhances its appeal through proximity to major transportation corridors including Interstate 485 and Interstate 77, providing convenient regional access for patients, employees, and service providers. Charlotte Douglas International Airport is located nearby, supporting accessibility for traveling professionals and visitors. The property also benefits from its position across from Whitehall Commons Shopping Center, placing it within an established commercial corridor supported by retail, dining, and daily-service amenities.<br> Surrounding healthcare providers, national retailers, and community-serving businesses contribute to ongoing activity within the immediate area. Nearby destinations include Publix, Walmart Supercenter, Lowe's Home Improvement, Steele Creek YMCA, and multiple medical and dental practices. The combination of medical office functionality, updated interiors, visibility, and access to major transportation infrastructure creates a compelling ownership opportunity within one of Charlotte's active commercial districts.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 5,058 SF | Typical Floor Size | 5,058 SF |
| Property Type | Office (Condo) | Year Built | 2006 |
| Building Class | B | Parking Ratio | 8.7/1,000 SF |
| Floors | 1 | ||
| Zoning | O1CD - Office. All Uses must be pre-approved by POA prior to contract acceptance. The quarterly POA dues are $5,875. | ||
| Total Building Size | 5,058 SF |
| Property Type | Office (Condo) |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 5,058 SF |
| Year Built | 2006 |
| Parking Ratio | 8.7/1,000 SF |
| Zoning | O1CD - Office. All Uses must be pre-approved by POA prior to contract acceptance. The quarterly POA dues are $5,875. |
Amenities
- Bus Line
- Day Care
- Signage
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
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2540 Arrowood Rd - Building 5
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