1000 Van Buren Ave - Flex CONDO FOR SALE


Indian Trail, NC 28079
$524,600 USD
704-363-4724
1000 Van Buren Ave, Indian Trail, NC for Sale
$524,600 USD
Flex CONDO - FOR SALE
1/23
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1000 Van Buren Ave
Indian Trail, NC 28079


HIGHLIGHTS

  • 18.5 Clear height and great location
  • Under market rents provide a great upside for an investor

OVERVIEW

2440 SF flex located in PRIME Industrial park in Indian Trail. Unit has a front reception area, public restroom, and a mezzanine above. There is a modified gross lease in place and is under market rent rates providing a great value-add opportunity. Once the remaining lease term and or option is completed, new owner has ability to bring the rents up to market rate creating a great return. Location has an 11ft x 11ft roll up door and 18.5 foot clear height. 200 Amp 3 phase power exists. good proximity to I 485, HWY 74, and Monroe Expressway. Do Not Disturb Tenant

FOR SALE DETAILS

PRICE

$524,600 USD

PRICE/SF

$215 USD /SF

CAP RATE

3.52%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

19,520 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

54

LAND DETAILS

LAND ACRES

2.27 AC

LAND SF

98,881 SF

ZONING

LI

APN/PARCEL ID

07-081-001-H,07-081-001-H04

ASK ABOUT THIS PROPERTY

Stephen TubelBlanton Commercial Real Estate, LLCMore Info
704-363-4724

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Stephen TubelBlanton Commercial Real Estate, LLCMore Info
704-363-4724

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