About the Property
1900 W Morehead is an adaptive-reuse of a 21,000-SF, 1950s-era office building. The current renovation is transforming an underutilized single-story structure into a modern creative office building featuring two stories and a total of 35,900 SF. The location in the vibrant FreeMoreWest area gives tenants unparalleled access to Charlotte’s largest job centers, key commuter routes, a full menu of professional and amateur sports, high-end shopping, dining and breweries, and a network of parks and trails.
For creative office alternatives within one mile of Uptown Charlotte, very few options remain in this fast-growing city. 1900 W Morehead is uniquely positioned to satisfy the practical demand drivers influencing the built environment today, including:
A distinctive and differentiated setting
Fresh, current design features
Convenient access for commuters
Meaningful amenities and open space
Opportunities for business branding and identity
Proximity to dining, brewery and entertainment options
Cost sensitivity compared to comparable city locations
Over the past few years, development activity has rapidly expanded along West Morehead Street, Freedom Drive and Thrift Road, transforming the landscape of Charlotte’s west side, and bringing with it new tenants, restaurants, breweries, shopping and businesses. Led by the development of Gateway Station, the city’s intermodal transit hub, Charlotte is beginning to launch several transformative initiatives surrounding 1900 W Morehead, including the expansion of the Lynx Light Rail to connect Uptown to Charlotte Douglas International Airport (est. 2030 completion), and the creation of a new Entertainment District centered around professional sports, music, festivals, experiential retail, bars and restaurants, and mixed-use work-live-play environments. This wave of public investment has spurred overwhelming amounts of private investment and development, further catalyzing Charlotte’s Historic West End.
1900 W Morehead features an upgraded facade with new architectural design elements, expansive modern canopies, large sections of glass bringing in light and air, a 1,000-SF rooftop terrace with unmatched views of Charlotte’s skyline, and nearly 120 surface parking spaces -- a feature that is difficult to find in an urban location.
The boutique nature of the property provides tenants the ability to establish an identity and distinctive presence, which is much more challenging to achieve in denser mid-rise or high-rise office settings. 1900 W Morehead offers a sought-after industrial chic feel that is authentic to its location. Market data clearly suggests that rent and cap rate premiums exist for this building profile, a direct result of the natural scarcity of this building stock remaining in the urban core.
See Beauxwright's Andy Lucas and Eric Speckman discuss the vision for the property with Jay Royster of Royster Commercial Real Estate: