303 Salisbury Ave - Office FOR SALE


Albemarle, NC 28001
$749,000 USD
704-244-7116
303 Salisbury Ave, Albemarle, NC for Sale
$749,000 USD
Office - FOR SALE
1/6
null | 6.87% Cap Rate

303 Salisbury Ave
Albemarle, NC 28001


OVERVIEW

Professional free standing optometry office building in the shadow of Atrium Health Regional Hospital, Walgreen's, Harris-Teeter and much more! Current tenant is The Eye Care Centers of America. Nine (9) Years remain outstanding on the balance of the lease term(s). Great investment for the passive investor or an ideal exchange property! Tenant pays 50% of expenses as additional rent for real property taxes, property insurance and lawn maintenance. Eye Care Centers is associated with National Vision Holdings (Stock Symbol EYE) Property is owned and was developed by now retired optometrists.

FOR SALE DETAILS

PRICE

$749,000 USD

PRICE/SF

$195 USD /SF

CAP RATE

6.87%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

A

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,651 SF

ZONING

NBD

APN/PARCEL ID

6548-01-18-9121

ASK ABOUT THIS PROPERTY

John Cavin HolbrookHolbrook RealtyMore Info
704-244-7116

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John Cavin HolbrookHolbrook RealtyMore Info
704-244-7116

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