11 Shoaf St - Office FOR SALE


Lexington, NC 27292- Davidson
$656,250 USD
336-724-1715
11 Shoaf St, Lexington, NC for Sale
$656,250 USD
Office - FOR SALE
1/6
null | 8% Cap Rate

11 Shoaf St
Lexington, NC 27292
Davidson


HIGHLIGHTS

  • 100% Occupied
  • Priced below replacement cost
  • Strategically located with good highway and Interstate 285 access
  • Adjacent to nationally known barbeque restaurant, Lexington Barbeque ("the Honeymonk")
  • Positioned between Charlotte and The Triad

OVERVIEW

Introducing an excellent investment opportunity in Lexington, NC. Located at 11 Shoaf Street, this well-maintained ±4,344 SF office building features 12 private offices, two conference rooms and is situated in an established commercial area. The property is currently 100% leased, through October 2029, providing immediate, stable cash flow for investors. Zoned for commercial use and positioned in a growing market, 11 Shoaf Street offers reliable income and a 40+ year lease history with the Tenant, making it an attractive addition to any office investment portfolio.

FOR SALE DETAILS

PRICE

$656,250 USD

PRICE/SF

$151 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

CC

APN/PARCEL ID

11-092-0-000-0007-0-0-0

ASK ABOUT THIS PROPERTY

Jordan CooperLinville Team PartnersMore Info
336-724-1715

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Jordan CooperLinville Team PartnersMore Info
336-724-1715

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