435 N Trade St - Office FOR SALE


Matthews, NC 28105
$6,500,000 USD
704-274-1224
435 N Trade St, Matthews, NC for Sale
$6,500,000 USD
Office - FOR SALE
1/6
null | 6.28% Cap Rate

435 N Trade St
Matthews, NC 28105


HIGHLIGHTS

  • Premium property. Nothing similar in the immediate market.
  • Quality tenants at below market rents.
  • 89% Leased
  • WALT = ~4 Years
  • In-Place NOI $408,066, Proforma NOI $488,205
  • Skyla Federal Credit Union will lease back the first floor branch at closing.

OVERVIEW

435 N Trade is a prime investment opportunity in a growing area with quality tenants and below market rents. This property has an urban feel surrounded by amenities and is walkable to historic downtown Matthews. The remaining first-floor vacancy (+/-2,000 RSF) adjacent to The Loyalist Market should fill quickly.

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$355 USD /SF

CAP RATE

6.28%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Bank, Restaurant, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

A

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.42 AC

LAND SF

61,855 SF

ZONING

B-1(CD)

APN/PARCEL ID

193-271-17

ASK ABOUT THIS PROPERTY

Taylor BarnesThe Nichols Company, Inc.More Info
704-274-1224

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Taylor BarnesThe Nichols Company, Inc.More Info
704-274-1224

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