1515 Montford — Sale in Baltimore, MD

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Baltimore, MD 21213

Description

Jones Lang LaSalle Americas, Inc. (“JLL”) has been retained as the exclusive sales representative for 1515 Montford, a Class A neighborhood office asset totaling 123,038 square feet in Charlotte. The Property is currently 74% occupied with 6.3 years of WALT and has undergone a $15M+ renovation since acquisition. 1515 Montford is located in the heart of the Park Road submarket, offering tenants unparalleled access to an abundance of retail and lifestyle amenities at the open air Park Road Shopping Center. Park Road Shopping Center sits in the 88th percentile of all shopping centers nationally, and attracts 4.6 million+ visits annually. Additionally, the Asset benefits from direct connectivity to Charlotte's most dynamic executive residential neighborhoods including Myers Park and South Park. The asset's high barriers to entry in an irreplaceable location within the Charlotte market, exceptional renovations, and rental rate upside allow for a unique opportunity for investors.

Market Context

This commercial property in Baltimore, MD is listed for sale. It has been on the market for 82 days. Compare it against other commercial property listings for sale in Baltimore, MD — view the full market.

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