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Onward Investors Acquires 3730 And 3735 Glen Lake Drive Office Buildings For $26 Million

Property Image
SOLD
$26,000,000

North Carolina

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Office452,770 SF
Sold 06/03/2026
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Property Image
SOLD

Onward Investors Acquires 3730 And 3735 Glen Lake Drive Office Buildings For $26 Million

3730 Glen Lake Drive & 3735 Glen Lake Drive

See Similar Deals
Office452,770 SF
Sold 06/03/2026
the dealplayerscompscontact
Contact now

Summary

NORTH CAROLINA
Asset Type:Office
Price Per Square Foot:$57
Total Square Footage:452,770 SF
Transaction Type:Sale

The property involved in this transaction includes the LakePointe 3 and 5 office buildings located at 3730 Glen Lake Drive and 3735 Glen Lake Drive in Charlotte, NC. The sale was completed for a total price of $26,000,000, translating to approximately $115.23 per square foot for the total square footage of 226,385.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $26,000,000
  • Buyer: Onward Investors
  • Seller: Jonathan Slager - Bridge Investment Group
  • Square Footage: 226,385
  • Price Per Square Foot: $115

This sale marks a significant reduction from the seller’s previous purchase price in 2020, which exceeded $46 million. Onward Investors has completed this acquisition from Bridge Investment Group, facilitating a notable transaction in the Charlotte market.

Players

OI
Onward Investors
BUYER
Jonathan Slager
Bridge Investment Group
Jonathan Slager
28 deals$1.9B volume
SELLER

Details

SOLD
IMAGE: 06/03/2026 ADDRESS: 3730 Glen Lake Drive & 3735 Glen Lake Drive MARKET: Charlotte, NC ASSET TYPE: Office BUYER: Onward Investors SELLER: Jonathan Slager - Bridge Investment Group SALE PRICE: $26,000,000 SF: 226,385 - PPSF: $115 NOTE: Onward Investors has acquired the LakePointe 3 and 5 office buildings in Charlotte for $26 million ($115.23/sf) from Bridge Investment Group, a steep drop from the seller’s 2020 purchase price of more than $46 million.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$92,372.50
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