21000 Torrence Chapel Rd - Office FOR SALE


Cornelius, NC 28031
$3,695,000 USD
704-995-4885
21000 Torrence Chapel Rd, Cornelius, NC for Sale
$3,695,000 USD
Office - FOR SALE
1/49
null | Request Cap Rate

21000 Torrence Chapel Rd
Cornelius, NC 28031


HIGHLIGHTS

  • Fully leased office asset providing immediate income stability.
  • Comprehensive building renovation completed in 2024.
  • Located less than a quarter mile from I-77, Exit 28, offering superior regional access.
  • Ample on-site parking enhances convenience for tenants and visitors.
  • Walkable to restaurants, banking, grocery, and retail amenities surrounding Torrence Chapel Rd.

OVERVIEW

This offering presents a fully stabilized investment opportunity in the heart of Cornelius, North Carolina. Positioned just off I-77 at Exit 28, this two-parcel property features 9,135 square feet on approximately 0.80 acres. The building underwent a complete renovation in 2024, modernizing systems and finishes while preserving its classic architectural design. Currently fully leased, the asset provides investors with immediate income from a long-term tenancy structure, reducing near-term rollover risk. Cornelius lies within the thriving Charlotte metro, known for robust population growth, strong economic fundamentals, and a diverse business environment. The property is within walking distance of restaurants, banking, grocery stores, and multiple retail options, adding exceptional convenience and tenant appeal. Situated only 25 miles from Charlotte-Douglas International Airport, with quick connectivity via I-77, the location supports sustained demand from businesses seeking accessibility and high-quality suburban office environments. Offered at $3,695,000, this property combines the security of predictable cash flow with the benefits of recent capital improvements, making it an attractive long-term hold for investors focused on growth markets.

FOR SALE DETAILS

PRICE

$3,695,000 USD

PRICE/SF

$436 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Blake House

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

47

LAND DETAILS

LAND ACRES

0.8 AC

LAND SF

34,848 SF

ZONING

NMX

APN/PARCEL ID

001-179-48

ASK ABOUT THIS PROPERTY

Michelle PolitoThe Knox GroupMore Info
704-995-4885

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Michelle PolitoThe Knox GroupMore Info
704-995-4885

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