19701 Bethel Church Rd - Office CONDO FOR SALE


Cornelius, NC 28031
$729,000 USD
704-533-3074
19701 Bethel Church Rd, Cornelius, NC for Sale
$729,000 USD
Office CONDO - FOR SALE
1/82
null | 6.79% Cap Rate

19701 Bethel Church Rd
Cornelius, NC 28031


HIGHLIGHTS

  • Excellent Location
  • Lease Office Condo Investment
  • Elevator Served

OVERVIEW

NOTE** Contract Pending** Space is leased through 2/28/27 Income:$59,400 annual ($4950/month with 3% annual escalations) Expenses: Property Taxes- Currently $1651.19 for suite 201 and $1704.45 for suite 202. HOA Dues- Currently $292.22 for Suite 201 and $250.64 for Suite 202. Building insurance is included in the HOA dues along with building common area maintenance fees, building exterior maintenance, water and common trash. Total expenses are $9,869.96 that yields a NOI of $49,530.04. Note, Tenant willing states they are willing to extend lease.

FOR SALE DETAILS

PRICE

$729,000 USD

PRICE/SF

$306 USD /SF

CAP RATE

6.79%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cornelius Village Center

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

18,000 SF

STORIES

3

BUILDING CLASS

B

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,473 SF

ZONING

VC

APN/PARCEL ID

005-123-16,005-123-17,005-123-18,005-123-19,005-123-20,005-123-21,005-123-22,005-123-23,005-123-24,005-123-25,005-123-26,005-123-27

ASK ABOUT THIS PROPERTY

Rob Cassam JrCarolina Realty AdvisorsMore Info
704-533-3074

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Rob Cassam JrCarolina Realty AdvisorsMore Info
704-533-3074

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