10635 Park Rd

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10635 Park Rd

Charlotte, NC 28210
Asking Price
$27.99M
Asset Type
Office
Class
Class B

What's Special

10635 Park Road is situated in the Pineville-Matthews corridor of South Charlotte, a established suburban submarket characterized by a mix of professional services and retail hubs. The property is located directly across from the McMullen Creek Market and adjacent to the Carolina Place Mall area, providing immediate access to numerous dining, banking, and shopping amenities. Accessibility is supported by proximity to I-485 and NC-51, offering connections to the greater Charlotte metropolitan area and nearby residential neighborhoods. The facility is suited for professional services, medical administrative offices, or boutique corporate headquarters. Its floor plan and central location appeal to local small-to-mid-sized firms seeking a professional presence outside of the downtown core. Typical tenants include legal practices, financial consultants, accounting firms, and healthcare-related administrative services that benefit from the high visibility and accessibility of the South Charlotte area.

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NOI
$80,000
Cap Rate
0.29%
DSCR
0.05
Underwater
Cash-on-Cash
-18.84%
Monthly Payment
$138,459.537
Annual Cash Flow
$-1,581,514.45

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