508 S Lexington Ave - Office FOR SALE


Burlington, NC 27215- Downtown Burlington
$1,750,000 USD
508 S Lexington Ave, Burlington, NC for Sale
$1,750,000 USD
Office - FOR SALE
1/41
null | 10.06% Cap Rate

508 S Lexington Ave
Burlington, NC 27215
Downtown Burlington


HIGHLIGHTS

  • Great downtown location
  • Walkable to coffee shops, Post Office, Town Hall, and Dining
  • Excellent Parking

OVERVIEW

A great investment opportunity with solid Credit Tenants with recent 5 year extension.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$157 USD /SF

CAP RATE

10.06%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

56

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,314 SF

ZONING

B 2

APN/PARCEL ID

135561

ASK ABOUT THIS PROPERTY

Scott KorbinCOMPASS COMMERCIALMore Info

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