Income Producing or End User
Tuesday, August 23, 2011 – 11 a.m.
†Charlotte, NC - Mecklenburg County
Selling Regardless of Price Excess of $49.00 Per Sq. Ft.
Auction Location: On site at 2750 East WT Harris Boulevard, Charlotte, NC. From Downtown Charlotte, NC, take I-85 East to WT Harris Boulevard Exit.† Turn right & property is approximately 3 miles on right.†
Gated, 2-Story, 20,400+/-Sq. Ft. Office Building on 1.6+/-Acres
Located at 2750 East WT Harris Boulevard in Charlotte, NC
in University Commons Business Park at Signalized Intersection
Has Elevator & Loading Dock with Drive-in Door
Metal Roof, Brick Exterior, (2) Kitchens
92 Parking Spaces
Class A Office Building Located just South of the University of Charlotte, Built in 1997
Subject to a 10ft Utility Easement
Can be Used for Investment or an End User
Currently has 5 Different Tenants that Occupy about 50% of Property
All Tenants, Except for Charlotte Mecklenburg Board of Education, Leases can be Terminated or Tenant Moved
Tax Express, May 2009-April 2013, $12,000.00 Per Year with 3% Yearly Increase
Cornerstone Construction Inc, July 2011-June 2012, $3,960.00 Per Year
Prosperity Mortgage, Month-to-Month, $373.00 Per Month
Deed Book 9786 at Page 404
Terms: Selling AS/IS, WHERE/IS. A 20% deposit due at the auction by cash, cashier’s check, personal or company check accompanied by a Bank Letter of Guarantee, with the balance due at closing.†A 7% buyer’s premium will apply.†Conditions – All information contained herein is deemed to be from reliable sources.†However, neither the Auctioneer nor the Seller guarantees this information to be correct.†We reserve the right to add or delete.†Please inspect the property and bid accordingly.†The Auctioneer represents the Seller in this transaction.†All announcements made at the auction shall take precedence over all other information.
Pre Auction Offers Entertained - Broker Participation Invited
Iron Horse Auction Company, Inc.
PO Box 1267-Rockingham, NC 28380
800-997-2248 – NCAL 3936
Broker Participation Forms
Pre Auction Offer Registration Form