Office Building In Charlotte, North Carolina Sold For $31M With Brokers Patrick Gildea, Matt Smith, And Grayson Hawkins
2101 Rexford Road Charlotte, North Carolina 28211, USA
$31,000,000
$153/SF
Building Size
202,000 SF
Asset Type
Office
Closing
Jun 9, 2023
AI
The office building located at 2101 Rexford Road in Charlotte, North Carolina has been sold. The sale took place on June 9, 2023.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $31,000,000
- Address: 2101 Rexford Road, Charlotte, North Carolina 28211, USA
- Square Footage: 202,000
- Price Per Square Foot: $153.47
- Brokers: Patrick Gildea, Matt Smith, Grayson Hawkins
This transaction involves the sale of an office building with a total square footage of 202,000. The property is located at 2101 Rexford Road in Charlotte, North Carolina. The sale price for this office building was $31,000,000, resulting in a price per square foot of $153.47. The brokers involved in this deal were Patrick Gildea, Matt Smith, and Grayson Hawkins.
Players
Charlotte Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.51%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93