1100 Kenilworth Ave- Charlotte
Transaction Overview
The successful acquisition of 1100 Kenilworth exemplifies the strength of Charlotte's Midtown office submarket. Located in historic Dilworth directly across from CMC Main, this 15,019 SF office building represented a premier investment opportunity in one of Charlotte's most established neighborhoods.
Property Highlights
94% leased at time of sale
15,019 SF office building
Built 1987, all-masonry construction
62 parking spaces (4.13/1,000 SF ratio)
Extensive capital improvements completed
Location Advantages
The property's position in Dilworth/Midtown provided exceptional access to:
Metropolitan Shopping Center
Kenilworth Commons
East Boulevard retail corridor
Little Sugar Creek Greenway
Premium residential neighborhoods (Dilworth, Eastover, Myers Park)
Investment Thesis
This asset delivered stable cash flow from a strong tenant base while benefiting from its position in one of Charlotte's most noteworthy locations. The previous ownership's commitment to maintaining high standards through capital upgrades and premium tenant improvements helped maintain the building's competitive position in the submarket.
