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Highlights

  • Near-term mark-to-market opportunity in one of Charlotte’s tightest office submarkets, the University Submarket.
  • Unmatched location with direct access to the LYNX Blue Line light rail station at J.W. Clay Boulevard and a half-mile to I-85.
  • Path of progress location within a transforming submarket, well outperforming the national average in terms of rent growth.
  • Strong leasing momentum due to new and existing tenants and a stable rent roll with both tenured and anchor tenancy.

Investment Summary

Trinity Partners, LLC, on behalf of the Owner, is pleased to serve as exclusive advisor for the sale of the Owner’s interest in One University Place, located at 8801 J.M. Keynes Drive in Charlotte, North Carolina (“OUP” or the “Property”). This exceptionally located suburban office building consists of 84,800 rentable square feet of multi-tenant office space situated in Charlotte’s University office submarket. Currently 86% occupied, the Property’s unmatched light rail access, recent leasing momentum, and amenity-rich location make One University Place the best-positioned office asset in the submarket.

The Offering

  • Listing ID: 18314692
  • Date Created: 1/27/2020
  • Last Updated:

About 8801 JM Keynes Dr , Charlotte, NC 28262

One University Place is situated at the intersection of W.T. Harris Boulevard and North Tryon Street (U.S. Hwy 29) across North Tryon Street from the University of North Carolina at Charlotte. Interstate 85 intersects with W.T. Harris Boulevard just one-half mile east of the Property, and the J.W. Clay LYNX light rail station is a five-minute walk. Other major arteries in the immediate vicinity include University City Boulevard and Mallard Creek Church Road. Via light rail, Charlotte’s popular NoDa, the central business district, and South End are all minutes away, while the Charlotte Douglas International Airport is only 14 miles from the Property via Interstate 85. Connectivity and access to multiple modes of transit, whether rail, bus, or car, make One University Place one of the most accessible office buildings in the market. The area immediately surrounding OUP is rich with amenities for office tenants. The neighboring Shoppes at University Place is home to a multitude of shops, services, and restaurants, while the recently constructed Pointe at University Place adds additional dining and retail options. Both nonanchored strip centers are within walking distance of the Property and are essentially on campus. In addition to an array of dining options, the immediate vicinity offers quality national flag hotels, multiple retail banking outlets, and other service retailers; nationally recognized brands include Blaze Pizza, T-Mobile, Five Guys, Dunkin’ Donuts, Hilton Hotels, Chick-fil-A, Bar Louie, CAVA, and Panera Bread.

all available Space(5)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rate
  • Space Use
  • Condition
  • Available
  • 4th Fl-Ste 410
  • 2,613 SF
  • 1-30 Yrs
  • $24.50 /SF/YR $263.72 /SM/YR $2.04 /SF/MO $21.98 /SM/MO $5,335 /MO $64,019 /YR
  • Office
  • N/A
  • Now
  • 4th Fl-Ste 400
  • 5,658 SF
  • Negotiable
  • $24.50 /SF/YR $263.72 /SM/YR $2.04 /SF/MO $21.98 /SM/MO $11,552 /MO $138,621 /YR
  • Office
  • N/A
  • Now
  • 2nd Fl-Ste 290
  • 1,624 SF
  • Negotiable
  • $24.50 /SF/YR $263.72 /SM/YR $2.04 /SF/MO $21.98 /SM/MO $3,316 /MO $39,788 /YR
  • Office
  • N/A
  • Now
  • 3rd Fl-Ste 305
  • 1,465 SF
  • Negotiable
  • $24.50 /SF/YR $263.72 /SM/YR $2.04 /SF/MO $21.98 /SM/MO $2,991 /MO $35,893 /YR
  • Office
  • N/A
  • May 2020
  • 1st Fl-Ste 145
  • 848 SF
  • Negotiable
  • $24.50 /SF/YR $263.72 /SM/YR $2.04 /SF/MO $21.98 /SM/MO $1,731 /MO $20,776 /YR
  • Office
  • N/A
  • Now

4th Fl-Ste 410

Size
2,613 SF
Term
1-30 Yrs
Rate
$24.50 /SF/YR $263.72 /SM/YR $2.04 /SF/MO $21.98 /SM/MO $5,335 /MO $64,019 /YR
Space Use
Office
Condition
N/A
Available
Now

4th Fl-Ste 400

Size
5,658 SF
Term
Negotiable
Rate
$24.50 /SF/YR $263.72 /SM/YR $2.04 /SF/MO $21.98 /SM/MO $11,552 /MO $138,621 /YR
Space Use
Office
Condition
N/A
Available
Now

2nd Fl-Ste 290

Size
1,624 SF
Term
Negotiable
Rate
$24.50 /SF/YR $263.72 /SM/YR $2.04 /SF/MO $21.98 /SM/MO $3,316 /MO $39,788 /YR
Space Use
Office
Condition
N/A
Available
Now

3rd Fl-Ste 305

Size
1,465 SF
Term
Negotiable
Rate
$24.50 /SF/YR $263.72 /SM/YR $2.04 /SF/MO $21.98 /SM/MO $2,991 /MO $35,893 /YR
Space Use
Office
Condition
N/A
Available
May 2020

1st Fl-Ste 145

Size
848 SF
Term
Negotiable
Rate
$24.50 /SF/YR $263.72 /SM/YR $2.04 /SF/MO $21.98 /SM/MO $1,731 /MO $20,776 /YR
Space Use
Office
Condition
N/A
Available
Now

Marketing Brochure

Download Brochure

More Attachments

One University Place Executive Summary
One University Place Principal Confidentiality Agreement

Amenities

  • Atrium
  • Pond
  • Commuter Rail
  • Waterfront
  • Conferencing Facility
  • Natural Light

Airport

Charlotte Douglas International Airport
29 min drive 17.4 mi
Walk Score ®
Somewhat Walkable (63)
Transit Score ®
Good Transit (53)
What is a Walk Score®, Transit Score® & BikeScore®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Restaurants

China Buffet $$ 10 min walk
Picasso's Sports Cafe $ 11 min walk
Nakato Japanese Steakhouse $$$ 12 min walk
FireWater Restaurant & Bar $$ 12 min walk
Los Arcos $$ 13 min walk
King Kabob Grill $ 13 min walk
Godavaria $$ 15 min walk
Saigon Bay Vietnamese Cuisine $$ 16 min walk
Boardwalk Billy's Raw Bar And Ribs $$ 16 min walk
Ninetys Ice Cream $ 17 min walk

Retail

Bayada Home Health Care MD/DDS 0 min walk
Wells Fargo Home Mortgage Bank 5 min walk
Lori's Gifts Other Retail 7 min walk
University Breast Center MD/DDS 8 min walk
Rooms To Go Furniture/Mattress 8 min walk
Fifth Third Bank Bank 8 min walk
Bank of America Bank 9 min walk
Games Workshop Toys 9 min walk
MadVapes Tobacco 9 min walk
Nails of America Nail Salon 9 min walk

Hotels

Hilton 393 rooms 2 min drive
Sleep Inn 121 rooms 2 min drive
Holiday Inn 174 rooms 3 min drive
Hampton Inn 126 rooms 3 min drive
Homewood Suites by Hilton 118 rooms 3 min drive
Hilton 105 rooms 3 min drive
Radisson 100 rooms 3 min drive
Comfort Suites 120 rooms 4 min drive
SpringHill Suites by Marriott 136 rooms 5 min drive
Candlewood 122 rooms 6 min drive

zoning

Zoning Code TOC-CC and CC (Transit Oriented and Commercial Center)

Sale Advisors

704-295-0403 Contact
David Morris , Director, Investment Sales
704-295-0403 Contact
Significant experience in the entire sales cycle from originating opportunities, underwriting and conducting due diligence, deal structuring through end sale. Strong entrepreneurial mindset with problem solving and negotiating skills. Ability to quickly and fundamentally evaluate investment opportunities with a passion for developing strategy and positioning.
704-295-0437 Contact
Dunn Mileham , Division Partner, Investment Sales
704-295-0437 Contact
Dunn recieved his Bachelor's of Arts from Davidson College, and a Masters of Business Administration from Wake Forest University. He enjoys and is experienced in the ability to blend sophisticated financial analysis with a tangible asset class.

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