100 E Central Ave - Specialty FOR SALE


Catawba, NC 28609
$426,000 USD
336-327-4147
100 E Central Ave, Catawba, NC for Sale
$426,000 USD
Specialty - FOR SALE
1/4
null | 7.04% Cap Rate

100 E Central Ave
Catawba, NC 28609


OVERVIEW

Sale conditions Investment sale. Property offered as-is, subject to buyer’s due diligence. 10-31 Exchange. Existing USPS lease in place. Strong single-tenant investment opportunity leased to the United States Postal Service at 100 E Central Ave in Catawba, NC. The current USPS lease began July 1, 2025, with annual rent of $35,019 during the initial five-year term, followed by two optional five-year renewal periods at increased rents of $38,500 and $42,350 annually. The property includes approximately 2,751 interior square feet on a 15,000-square-foot site, with approximately 10,250 square feet of exterior parking area. The lease structure provides a stable government tenant, no landlord-paid utilities, no property management expense, no lawn or parking lot maintenance expense, and reimbursement of real property taxes by USPS when applicable. Offered as an investment sale, with buyer to verify all lease terms, square footage, expenses, condition, and suitability during due diligence.

FOR SALE DETAILS

PRICE

$426,000 USD

PRICE/SF

$155 USD /SF

CAP RATE

7.04%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,246 SF

ZONING

COM

APN/PARCEL ID

3781064817160000

ASK ABOUT THIS PROPERTY

Jessamyn BaileyElms Building LLCMore Info
336-327-4147

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Jessamyn BaileyElms Building LLCMore Info
336-327-4147

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.