440-450 Crompton St - Light Manufacturing CONDO FOR SALE
Charlotte, NC 28273 |
$410,000 USD
704-337-5000
440-450 Crompton St
Charlotte, NC 28273
HIGHLIGHTS
- Prime location near I-77 and Westinghouse Boulevard for superior accessibility
- All-brick construction within a professionally managed condominium complex
- Functional layout featuring offices, warehouse, storage, and break area
- Rear dock-high entry and additional second-floor storage for operational ease
- Investment sale with existing tenant generating a 6.58% cap rate
OVERVIEW
Present Tenant Lighthouse Chapel International With a 24 Month Lease.
The Condo Has an After Tenant *Added Property Value.
Tenant Pays $2,800.00 per mth= $33,600.00 ($9.96 per sq Ft)
Halifax Station Expense of Condo Fee $325.00 month
Property Tax 2025 $2,693.00 Annual
Annual Return $27,007.00 = 6.58% Cap Rate
FOR SALE DETAILS
PRICE
$410,000 USD
PRICE/SF
$121 USD /SF
CAP RATE
6.59%
# OF UNITS
1
CONDO SIZE
-
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Halifax Station Industrial Condominium
PROPERTY TYPE
Flex
PROPERTY SUBTYPE
Light Manufacturing
TOTAL BUILDING SIZE
20,000 SF
STORIES
2
BUILDING CLASS
C
YEAR BUILT
1993
SPRINKLERS
-
PARKING SPACES
48
LAND DETAILS
LAND ACRES
67.36 AC
LAND SF
2,934,236 SF
ZONING
I-2
APN/PARCEL ID
203-056-19,203-056-20,203-056-21,203-056-22,203-056-23,203-056-24
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704-337-5000
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704-337-5000
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