10220 Prosperity Park Drive

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10220 Prosperity Park Drive

Charlotte, NC 28269
Asking Price
$2.10M
Asset Type
Office
Class
Class B

What's Special

10220 Prosperity Park Drive is situated within the Prosperity Village area of North Charlotte, North Carolina. The surrounding neighborhood is characterized by a mix of residential developments and established retail centers. The site offers immediate proximity to a variety of amenities, including grocery stores, fitness centers, and diverse dining options. Transportation access is provided via the I-485 outer loop and I-77, facilitating connectivity to both the University City submarket and the greater Charlotte metropolitan area. The property is suited for general professional services, medical administrative offices, or corporate satellite operations. Typical tenants for an office asset in this suburban corridor include legal firms, financial services providers, and healthcare-related administrative groups. The layout and location cater to businesses seeking a regional hub that provides convenient commutes for employees residing in the surrounding North Charlotte and Huntersville communities.

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NOI
$80,000
Cap Rate
3.81%
DSCR
0.64
Underwater
Cash-on-Cash
-7.09%
Monthly Payment
$10,389.654
Annual Cash Flow
$-44,675.85

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