Property Type: Retail
Address: 1001 East W.T. Harris Blvd.
Charlotte, NC 28213
|CAP Rate: 8.58%|
Square Feet: 40,098
Tenancy Type: Mixed
Lease Type: NNN
The Cooper Commercial Investment Group is pleased to announce the sale of Charlotte Town Business Center, a 40,061 square foot, service-oriented center, located less than 1-mile from UNC Charlotte (30k students). Bob Havasi and Dan Cooper of the Cooper Commercial Investment Group in Cleveland, Ohio, had the privilege to represent both the Buyer and Seller in this transaction. The Seller is an East Coast private investment group, whom Bob and Dan have worked with on multiple transactions in the past. The private California buyer purchased this asset for $6,300,000, representing an 8.58% Cap Rate. Through marketing efforts, The Cooper Group generated a significant amount of interest in the property along with several other competitive offers on the center.
The Cooper Commercial Investment Group looks forward to working with parties interested in selling or looking to acquire other similar commercial assets and encourages you to contact them for a no obligation, evaluation of your commercial property. Visit online at www.CooperGrp.com for the most up-to-date listings and information, stay connected by, “Like” them on Facebook and follow them on Twitter @TheCooperGrp.